After experiencing the WORST December stock market in over eighty-five years, we had the BEST January in thirty years.
That’s right, after dropping over 9% in December, the S&P 500 gained 8% in January. Not quite back to even, but enough to help nervous investors sleep better.
But before those investors get too comfortable, we should point out that January 2018 started out quite well (up 7.5% in the first 26 days) and the year finished negative (-4%).
This information is provided for general information purposes only and should not be construed as investment, tax, or legal advice. Past performance of any market results is no assurance of future performance. The information contained herein has been obtained from sources deemed reliable but is not guaranteed.