After Quietest September Ever, Stocks Face Ominous 'Curse Of 7' In Q4
After the quietest September in history for U.S. stocks...
Things may about to get a little more exciting - entering the final months of 2017, that last digit doesn’t bode well, if history is any indication.
As Bloomberg reports, some of the biggest fourth-quarter declines in the Dow Jones Industrial Average have occurred in years ending in seven, the worst being in a Black-Monday plagued 1987.
This year’s risks include a proposed tax overhaul in the U.S., expected policy shifts from central banks around the world and China’s twice-a-decade party congress.