Seasonality and AI favor equity markets toward year‑end... Goldman Sachs: - The average S&P 500 return from October 20 to December 31 is +4.16% since 1928; - The average NDX return from October 20 to December 31 is +8.48% since 1985. Figure 1 shows returns for the Nasdaq‑100 up to October 20 of each calendar year; in 2025 this is already +19.65%. Since 2009, the October 20–December 31 period produced positive results in every year except 2018. The average return for 2009–2024

Basically, since the April turbulence, the market has been steadily moving higher, and there hasn’t been a more significant correction up...

Since the so-called Liberation Day (April 2, 2025), the highest return among the world’s largest technology companies was achieved by the...