Strong Months Are Ahead. Now’s the Time to Prepare.
As we kick off September, I admit it can be easy to feel a little pessimistic knowing this month’s historical pattern. And this year, we add an election fraught with anxiety and uncertainty that follows only a few weeks after the month concludes. Last week the S&P 500 had its worst week since early 2023, mostly due to inflation fears coming back into focus causing the size of interest rate cuts to once again become murky. But in typical volatile fashion, stocks rebounded on Monday: The S&P 500 climbed 0.7%, the Dow Jones Industrial Average jumped 0.6%, and the Nasdaq led the charge with a roughly 0.9% gain.