The S&P500 statistically has an 86 percent chance of rising throughout the year if it experiences gains during the first five days of the year.
Looks like that won't apply to 2018.
How low can we go?
The last December this bad was 1929.
Cherry pick.
What standard would you prefer?
What would you pick? What comparison would you use for these 3 months? Got one, or just kneejerking with your "cherry pick?"
The last December this bad was 1929. Don't like it? Neither do I.
381 in November, before the crash.
It finished December down a mere 133 points. 248.
In the following two years, it dropped down to 41. Made it up to 150 by the end of 1939.
Cherry pick?
Bullshit.
I'm just hoping that the voices predicting recession (or worse) are wrong. But I'm not holding my breath. Are you confident that they are wrong?