Over the past 7 months I have done a number of pieces on
election years and market returns and following is another in this
series. [I also try to get ahead of the crowd.]
Returns for September and October, as measured by the S&P
500, as well as the total return for each year.
……….Sept……Oct……Full Yr.
2000… -5.3 …. -0.4 …… -9.1
1996… +5.6 …. +2.7 ….. +23.1
1992… +1.2 …. +0.4 ….. +7.7
1988… +4.2 …. +2.7 ….. +16.8
1984… +0.0* … +0.3 ….. +6.3
1980… +2.8 …. +1.9 ….. +32.4
1976… +2.5 …. -2.1 ….. +23.8
1972… -0.4 …. +1.1 ….. +19.0
1968… +4.0 …. +0.9 ….. +11.1
1964… +3.0 …. +1.0 ….. +16.5
1960… -5.9 …. -0.0* …. +0.5
1956… -4.4 …. +0.7 ….. +6.6
1952… -1.8 …. +0.2 ….. +18.4
1948… -2.8 …. +7.1 ….. +5.5
*miniscule gains or losses.
Overall, since 1950 September has been the worst month in the
market for the S&P 500, Dow Jones and the Nasdaq. [For
Nasdaq since its inception in 1971.]
Sources:
Ibbotson Associates / 2004 Yearbook
2004 Stock Trader’s Almanac
Wall Street History will return July 9.
Brian Trumbore
