Europe economy is suffering pa

2024-09-30

Europe economy is suffering particularly Germany; South Africa is also slowing, while Japan sees a dip. China will be shutting down during the golden week so not sure by the time the holiday is over, will the market see a rise or dip amid so many challenging issues ongoing. Not sure if Sept will bring over some slacks in Oct?

Modified in.2024-09-30

September Curse Broken? What's Your Account P/L?

It looks like the curse of September's market drop is going to be broken this year. Historical data shows that since 2013, the S&P 500 has averaged a 4.78% decline in September, which is typically the worst-performing and most volatile month for U.S. stocks. However, this year, with a gain of over 20% and recent strong performance, the S&P 500 has already hit its 40th new closing high of the year this week! -------------------- Has your account also broken the September curse?

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Comments

Dr Rck
2024-09-30
Dr Rck
Some hedge fund firms are reducing their exposure in China regardless of its stimulus package and from what I heard China still has some more on its sleeve but not sure when it will introduced perhaps after the Golden week?
Dr Rck
2024-09-30
Dr Rck
Also, China PMI has dropped still although within the range at 50. Hm.. that’s tricky!
jislandfund
2024-09-30
jislandfund
You think the pboc stimulus will keep things going in us?

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