Today is the first full day of spring, and while many of us are looking forward to emerging from what has been a long and trying winter, investors are asking themselves: How do stocks do in the springtime? Fortunately, the people at Bespoke Investment Group like to answer these very questions.
And the answer in this case is: Very well. Not as well as they do in the fall, which is historically the best season for stocks, but pretty well nevertheless. Over the last 20 springs, the S&P 500 has returned an average of 2.54 percent during the season – not as strong as fall’s 3.76 percent, but better than winter’s 2.06 percent.
Most of all, though, investors want to make some money before the summer doldrums come in. Over the past 20 years, the S&P 500 has gone virtually nowhere during the summer, returning an average of 0.05 percent. That’s one more reason to be glad it’s spring.
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