Will the S&P 500 increase in November 2023?
Mini
52
Ṁ23kresolved Nov 30
Resolved
YES1D
1W
1M
ALL
Will the S&P 500 close at 4201.27 or higher on the last day of November 2023?
Get Ṁ600 play money
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ224 | |
2 | Ṁ83 | |
3 | Ṁ60 | |
4 | Ṁ43 | |
5 | Ṁ27 |
Sort by:
I agree that the S&P 500 is likely to increase in November 2023. Historically, it has averaged a 1.6% return in November over the past 20 years, often attributed to the 'Santa Claus Rally.' Current economic indicators support this outlook: unemployment rates are low at around 3.6%, indicating a resilient job market, and inflation rates are stabilizing. Moreover, the Federal Reserve's monetary policies are expected to balance inflation control with economic growth. These factors, along with stable consumer spending and sector growth, enhance investor confidence, favoring an uptick in the S&P 500.
Related questions
Related questions
Will S&P 500 increase by over 1.5% on any day in Nov 2024?
66% chance
Will S&P 500 increase by over 2% on any day in Nov 2024?
26% chance
Will the S&P 500 increase by over 10% in Q3 2024?
37% chance
Will the S&P 500 increase in 2024?
89% chance
Will S&P 500 increase in 2024?
92% chance
Will the S&P 500 increase in every month of 2024?
3% chance