We just sent out our monthly update to Bespoke Premium clients highlighting S&P 500 average group returns in the month of October. Going back to 1990, October has been a positive month where the S&P 500 has averaged a gain of 1.50% with positive returns 68% of the time. October’s average return would be even better were it not for 2008 where the index fell 17% during the month! Without 2008, the S&P 500 would have averaged a gain of 2.4%. In terms of individual groups, fifteen out of 25 have seen average gains of more than one percent.
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