Here are the odds the stock market ends 2023 on a high note

There’s a seven-in-10 chance that U.S. stocks will rise in December. While that may appear to be a prediction that the bull market will continue for at least another month, it actually reflects the odds that exist every year.

Regardless of whether we’ve been in a bull or a bear market, the Dow Jones Industrial Average DJIA in December rises about 70% of the time. Furthermore, those odds aren’t significantly affected by whether the stock market is overvalued, as it is currently according to any of a number of indicators.

…