Investors Must Realize September & October Are Merely Months

Despite the S&P 500 finishing August down just -1.6% for the month, the rocky path there seemingly has many investors on edge.[i] Now the calendar turns to September and October—times of allegedly woeful returns and heightened risk of a market crash. In our view, this popular myth is about as useful to investors now as it ever was—which is to say, not at all. Regardless of how this September and October play out, they are still just months with nothing inherently different or more bearish than the other 10.