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Hope for 401(k)s: Why flipping calendar to November could provide lift to stocks

  • 📰 USATODAY
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Can flipping a page on the calendar resurrect the fading Wall Street bull? History suggests yes.

 

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401(k): How does the stock market drop affect my retirement savings?401(k) retirement plans are taking a hit from the stock market drop. Declines are steeper for all-stock portfolios. MAGA? Yeah, but those who have been in all stock for the past few years will be fine and still have crazy returns looking at it a 3 or 5 view. If anyone changed to all stock recently then yeah they'll be in a surprise. Communists, will control the House of Representatives beginning in January.. That---probably more than anything---accounts for the market's volatility right now.. Trump is elected and the market soars.. Dems win control of the House and the market slumps..
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