Setting up for the Stock Market's Best Six-Month Stretch
Jeff Hisrsch, editor of The Stock Trader's Almanac, on why 'seasonality' matters for investors, and why the next six months are usually the strongest of the year. Plus, how his father, Yale Hirsch, developed the Almanac, and why lessons like "Sell in May and Go Away", and "The Santa Claus Rally", still endure to this day. And, the Fed paused its rate hiking campaign, as expected, and doesn't forecast a recession. So why is everyone else convinced one will come? LINKS FOR SHOW NOTES https://www.investopedia.com/terms/b/breadth-thrust-indicator.asp https://www.investopedia.com/what-to-expect-in-the-markets-next-week-4584772 https://www.nber.org/research/business-cycle-dating https://sites.google.com/site/claudiasahm/ https://www.investopedia.com/berkshire-hathaway-q3-2023-earnings-8386838 https://www.investopedia.com/terms/c/convertiblepreferredstock.asp https://www.stocktradersalmanac.com/ https://jeffhirsch.tumblr.com/ https://www.investopedia.com/terms/s/santaclauseffect.asp