Septembers Are The Worst

View this email online | Add newsletter@businessinsider.com to your address book

		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Wednesday, Aug 21, 2013 Septembers Are The Worst When it comes to the stock markets, history is a guide but never gospel. In his latest weekly Macro View comment, Guggenheim Partners' Scott Minerd offers this interesting bar chart of average monthly stock market returns. "Historically, September is the worst month for U.S. stock market performance," wrote Minerd. "Since 1929, the S&P Composite Index has averaged -1.1 percent for September, making it one of only three months with negative average returns over that time. The worst performing single month over this time period was September 1931, when the S&P composite fell 30 percent." This year, September promises to bring uncertainty. "There are several macroeconomic uncertainties facing the United States and the global economy as we head into September," continued Minerd. "The potential tapering of the U.S. Federal Reserve’s asset purchase program, the budget debate in Washington, and the German election could all increase volatility in global financial markets." But more often than not, its the unknown uncertainties that do the real damage. Read » Also On Markets Today: TECH STOCKS FALL: Here's What You Need To Know Michigan Judge Says Detroit Bankruptcy Is Unconstitutional, Demands Filing Be Withdrawn Advertisement CHART OF THE DAY: China's GDP Numbers Look Almost Too 'Smooth' To Be True CHART OF THE DAY: The Chinese Premier's 2 Favorite Economic Indicators Look Super Depressing CHART OF THE DAY: Here's What It Looks Like When The Bond Market Goes Into A Coma Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Markets RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

If you believe this has been sent to you in error, please safely unsubscribe.