In previous years December has been one of the best months for stocks performance wise. The S&P, which is up more than 25% on the year, can grow more in December. Historically, stocks have rose 1.6% in the final month of the year. In the coming weeks, investors focus will be on the trade war, and depending on the trade war news will have a big impact on how the month of December is for stocks. December is also the least volatile month but could see some bumps due to the trade war. Will the stock market do as well as it has previously in the month of December or will the trade war slow it down?
https://www.cnbc.com/2019/11/29/december-could-be-good-for-the-stock-market-but-theres-one-big-risk.html
Generally the results of Black Friday have a strong impact on stock prices for the remainder of the year. Strong sales on this day show consumer confidence and generally give either a strong push to end the year. However, Trump has installed new tariffs on Brazil, so it will be interesting if that overshadows the results of sales Friday.
ReplyDeleteI don't believe it will slow down much. The stock market should remain strong through the years end. There have been many good buying opportunities which will attract investors.
ReplyDeleteI don't expect history to change much this December, but consumer confidence did fall in the most recent data release so that may be something to keep an eye on. However, I do believe the holiday spirit of consumers will once again triumph some of the uncertainty within the economy.
ReplyDeleteI expect the stock market to still be very strong this month due to Holiday spending. Trade has had a huge impact on consumer confidence but I still believe that all US measurements and indexes of the stock market will continue to point upwards.
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