Economics: Don't fear October

Investors who fear October stock market declines are potentially missing the second strongest month ...

Investors who fear October stock market declines are potentially missing the second strongest month of the year, says Jim Wood-Smith, economist at William de Broe. While October is marked by historic stock market crashes, Wood-Smith says figures reveal the month to be second only to December for stock market growth. Memorable October slumps include the Great Wall Street Crash of 1929, which sparked a world-wide economic depression. However, more relevant to today’s investors is Black Monday - 19 October, 1987 - when the Dow Jones Industrial Average fell 23%, with the FTSE 100 respondi...