October stocks post 1.9% average return, with 63% win rate over 30 years

Verifying
  • October delivered positive stock returns in 19 of the past 30 years, according to Yahoo Finance AlphaSpace data.
  • 1.9% was October’s average return, while September declined 0.45% historically.
  • Goldman Sachs economists said an October rate hike was unlikely after recent inflation data and dovish commentary.
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