Stock-market turnaround? Why October is known as a ‘bear killer’.
While September lived up to its reputation as a brutal month for stocks, October tends to be a “bear-market killer”, known for its historically strong returns, especially during midterm election years.
Skeptics, however, are warning investors that negative economic fundamentals could overwhelm seasonal trends as what’s traditionally the roughest period for equities comes to an end.
U.S. stocks ended sharply lower on Friday, posting their worst…