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re: Is October when the bottom falls out of the market?

Posted on 9/28/22 at 10:53 am to
Posted by skewbs
Member since Apr 2008
2009 posts
Posted on 9/28/22 at 10:53 am to
quote:

My gut tells me during October a number of things are going to happen that will send shockwaves:

- Inflation number still remains high
- Fed announces another big rate hike
- Companies report pretty bad Q3 earnings


1. Probably.
2. So they will do a special announcement? The next meeting isn't until November, unless I misunderstood their calendar.
3. Maybe. Some might miss but others may beat guidance.

Usually when everyone and their mom is calling for something to happen (i.e. the market to 'crash'), it usually does NOT happen.
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