Treacherous September Is Leaving Traders Everywhere on Edge
- Month has typically been bad for stocks, bonds and gold
- Jobs data, Fed decision, election among sources of volatility
This article is for subscribers only.
September has traditionally been a terrible month for traders and risks being even harder to navigate in 2024 given lingering questions about the Federal Reserve’s anticipated interest-rate cut.
Bonds, stocks and gold have typically suffered losses in the month, as traders reassessed their portfolios after the summer break. The S&P 500 Index and Dow Jones Industrial Average have had their biggest percentage losses since 1950 in the month of September. Bonds have slid in eight of the last 10 Septembers, while bullion has dropped every time since 2017.