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Zombie Market

FYI: The S&P 500 is on pace for its third monthly decline in a row, but by all accounts it has been one of the tamest three-month losing streaks in history. Barring a huge decline this afternoon (on the order of 1.5%), the last three months will go down as at least the fourth smallest percentage decline during a three-month losing streak on record. Furthermore, if the S&P 500 closes above 2,130.13, it will be only the fourth time that the S&P 500 was down for three straight months and declined less than 2%. In the table to the right and the charts below, we highlight each of the three prior periods where the S&P 500 declined less over a three-month span.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/zombie-market/
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