Don’t blink, but the market may have already bottomed

shoot leaf growth in a plant

– The S&P 500® was up 7.99% in October, bringing its YTD return to -18.76%.
– The Dow Jones Industrial Average® gained 13.95% for the month and was down 9.92% YTD.
– The S&P MidCap 400® increased 10.42% for the month, bringing its YTD return to -14.39%.
– The S&P SmallCap 600® was up 12.27% in October and had a YTD return of -14.71%.

We don’t suggest market timing, but it’s hard not to get emotional about market drops. October can be a miserable month for returns, but the market showed signs of correcting this year.

Have you contributed to your retirement plans for 2022?

We will have a 2022 catch-up post soon.

https://www.spglobal.com/spdji/en/commentary/article/us-equities-market-attributes