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October Surprises and the Stock Market
Manage episode 443571452 series 2854510
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The term October surprise dates back to the 19th century as presidential elections routinely experienced unexpected events heading into November.
Recent notable October surprises include:
- 1968 Humphrey’s Halloween Peace
- 1972 Kissinger’s Peace is at hand press conference
- 1980 Reagan’s American hostages held in Iran
- 2000 Bush’s drunk driving report
- 2008 record rise in unemployment
- 2012 Hurricane Sandy
- 2016 email scandal
- 2020 COVID White House outbreak
Could there be an October surprise in 2024? My vote is yes.
Whether or not October surprises influence elections is up for debate. What isn’t, though, are the powerful patterns that exist in stocks in the 10th month of the year.
Today MAP Signals revisits a powerful election study we showcased months ago highlighting the spooky returns typical of October.
Disclosure: This recap uses AI to better explore our post here:https://mapsignals.com/map-blog/2024-october-surprise-playbook/
Remember none of this is personal advice of any kind. This is for entertainment and informational purposes only.
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