Stock Traders Face Off Against Hawkish Fed at Worst Time of Year

  • S&P 500 historically posts weakest returns in late September
  • Benchmark index to slump to 3,685 by early October: Fundstrat
Summers Says Fed Terminal Rate Above 5% Wouldn't Surprise
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After a week to forget on Wall Street, the road gets even tougher for battle-weary investors with another hawkish policy gathering by the world’s most important central bank happening in the midst of what’s historically the worst month for US stock returns.