By Tony Moeller, CPA
Historically, November has been one of the best months for stocks and begins the major averages’ best half-year (November through April) per the Stock Trader’s Almanac.
Currently, the two biggest headwinds facing investors are the impeachment hearings and trade negotiations with China. The market has shrugged off the impeachment hearings, while there is more anxiety associated with a China trade deal. The Federal Reserve is not intent on further interest rate decreases, unless it sees a slowdown and/or threats to the economy, in which case it would cut rates to help stabilize the economy.