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As we enter December, some investors may be happy to hear that at least on a historical basis, the S&P 500 is entering what is typically its second best month of the year. Since 1928, the S&P 500 has risen an average of 1.4% during December with gains 75% of the time.
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Is the pattern of strong Decembers even greater in the last 10-15 years as hedge funds (20-25 years if you include mutual funds) try to goose year end performance?
Posted by: Greg Feirman | December 03, 2007 at 12:14 PM