The S&P 500 Was Down 3.3% in October -- Keep Buying Anyway

Investors are finding more than enough good reasons to shed stocks at the moment. Economic stimulus talks in Washington, D.C., are seemingly going nowhere. The presidential election is surrounded by uncertainty. New coronavirus cases have surged back to new record levels across the U.S. and around the world, setting the stage for another round of shutdowns. There's a lot not to like.

The funny thing about worst-case scenarios is, they rarely actually come to fruition. Most of the time, the market is rather boring. Right now is clearly an exception to the norm, but largely lost in the noise is that the economy is on a reasonably firm growth footing -- and therefore, the stock market is too.

Image source: Getty Images.

Continue reading

Source Fool.com