⁍ Since 1950, September has tended to be the stock market’s worst month of the year with an average loss of .57% for the S&P 500.


⁍ September of 2020 did not break the trend and posted a 3.9% loss.


⁍ The consensus from our discussion was that it appears likely that increased levels of volatility are going to stick around for a while.


– The stock market’s recent roller coaster ride is likely to continue for a while, writes Henry Blodget at Business Insider. “The stock market does not like uncertainty and appears to be surrounded by it. The economic recovery currently underway depends, in part, on the path of the pandemic, and there is a growing worry that the change of seasons and onset of flu and cold season could be problematic,” he writes. “Although all presidential elections pose market risks, they are not all created equal. This election appears to be more contentious than most and has an elevated risk of being challenged. Of course, the upcoming news isn’t all negative. The odds of another stimulus package being passed seem to be growing as negotiations continue and the Federal Reserve continues on the path of extreme accommodation in response to the pandemic.”



Source: https://www.reuters.com/sponsored/article/prolonged-volatility