Connect with us

archive

Market to End Year 20% above Record High

Following an 85-year old trend, the S&P 500 Index should power 6 percent higher through yearâ??s end, reaching 1,862.79 — which would be a full 20 percent higher than the previous record high.

Market to End Year 20% above Record High (Bloomberg)

Following an 85-year old trend, the S&P 500 Index should power 6 percent higher through yearâ??s end, reaching 1,862.79 — which would be a full 20 percent higher than the previous record high. Since 1928, any time the market has recorded a 10 percent gain through October (as it has this year), it has added another 6 percent gain through yearâ??s end 82 percent of the time, according to the folks at S&P and Bloomberg. Adding more fuel to this fire is the fact that the S&Pâ??s return over November and December has been positive every year since 2009, and thereâ??s no reason to think that run will end in 2013. So get out there investors and keep the rally alive.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Advertisement
Advertisement

TRENDING NOW:

Feminism: False Advertising at its Finest.

CULTURE

Nigel Roars Back: Human Events Endorses Brexit Party.

FOREIGN AFFAIRS

Global Elites Started The Russia Nonsense.

U.S. POLITICS

Kassam Banned From Facebook on UK Election Day.

TECH

archive

Market to End Year 20% above Record High

Market to End Year 20% above Record High (Bloomberg)

Following an 85-year old trend, the S&P 500 Index should power 6 percent higher through year’s end, reaching 1,862.79 — which would be a full 20 percent higher than the previous record high. Since 1928, any time the market has recorded a 10 percent gain through October (as it has this year), it has added another 6 percent gain through year’s end 82 percent of the time, according to the folks at S&P and Bloomberg. Adding more fuel to this fire is the fact that the S&P’s return over November and December has been positive every year since 2009, and there’s no reason to think that run will end in 2013. So get out there investors and keep the rally alive.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Feminism: False Advertising at its Finest.

CULTURE

Nigel Roars Back: Human Events Endorses Brexit Party.

FOREIGN AFFAIRS

Global Elites Started The Russia Nonsense.

U.S. POLITICS

Kassam Banned From Facebook on UK Election Day.

TECH

Connect
Newsletter Signup.

Sign up to the Human Events newsletter