March Student of the Market
So Goes a Positive January and Negative February...?
In January 2023, the markets returned 6.3% and in February 2023, the average return was -2.4%. Since 1926, the next 10 months following January and February were as follows:
- Positive January and February: 11.1%
- Negative January and February: 10.1%
- Positive January and Negative February: 13.2%
- Negative January and Positive February: 5.9%
How Long have Inflation Cycles Lasted?
The average time from inflation's peak to low inflation is 24.2 months since 1926. The average time it takes to get inflation below 3% is 17.6 months since 1926.
International Stocks when Long-Term U.S. Stock Returns are Low
For a rolling 10-year period from 1973 to February 2023:
When U.S. returns are less than 4%, International outperforms 100% of the time.
When U.S. returns are less than 6%, International outperforms 96% of the time.
Taking into account all U.S. returns, U.S. stocks outperform 59% of the time.
Click on the PDF below to read more!
