Why This September Could Be the Worst Ever for the Stock Market
Get ready for some excitement as we move into September, which is historically known to be the worst month of the year for the stock market, according to the Stock Trader’s Almanac.
The numbers don’t lie. The Dow blue chips have declined 60% of the time since 1950. The month normally begins on a high note, but ends in chaos. This was the case on Tuesday.
Yet unlike 2012, this year poses numerous risks to traders.
We have the Federal Reserve and the question of whether it will begin to taper back its bond purchases at its September 17-18 meeting. The consensus is that the Federal Reserve will likely rein in a bit to start.
Continue Reading: Why This September Could Be the Worst Ever for the Stock Market