Fears of inflation and concerns about China’s growth are making the stock market times much more unsettled.
(Photo: dpa)
“October is one of the particularly dangerous months to speculate in the stock markets. The others are July, January, September, April, November, May, March, June, December, August and February. ”Mark Twain’s bon mot may come to mind for many investors at the moment, given the rollercoaster ride in the stock markets.
The sentence that Twain put in the mouth of one of his fictional characters expresses the writer’s personal, abysmal distrust of the stock markets. October owes its bad reputation in the present more to the two great crashes of 1929 and 1987, which reverberate in the collective memory of investors. Statistically speaking, October is rather an inconspicuous month on the stock market.
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