Spring is finally here. But is that bad news for stocks?
Here's a statistic that continues to baffle some academics.
From the months of November through April, the stock markets in the developed world went up by much more than it had from May to October. For example, in the past 40 years, the U.S. stock market gained an average of 7.6% during November to April periods. By contrast, The U.S. stock market gained an average of just 1.7% during the 6 month periods from May to October in the last 40 years.