NZ shares probably cleared for take-off

Mon, 04 Nov 2019

If history is any guide, global sharemarkets should cruise through Christmas to a strong finish for the year.Mark Lister, head of wealth research at Craigs Investment Partners, says since 1950, November has been the strongest month of the year for the US share market, averaging a return of 1.6 percent and experiencing gains 68 percent of the time.“December isn't far behind as the third best performing month, increasing on 74 percent of occasions for an average gain of 1.5 percent,” Lister says.If the US stock market goes to form, all other thin...

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