Archived articleThis is an archived article from 2016 - please note that any content within the article may be out of date.
US Equities DOWN 2.5% today - seasonality of returns - oh no, it's SEPTEMBER !
I have always been amused by the calendar superstitions of investors e.g. US investors :"Sell in May, come back on Presidents Day".. as if it's a proven rule?!
However, it's always good to challenge a prejudice, so I went to scrutinise US Equity returns since 1950 to see if there was indeed any seasonality.. there's a great website that provides the details and.. uh ho.. September is the worst month..
Here's the good news, though.. October to December is (historically) has been the best Quarter..
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1 comment
Hi PJ.
Similar adage in the UK. "Sell in May and go away, come back on St Leger day".
The St Leger is being run today (10th September). Might be turned on its head this year if the FTSE follows the Dow down when markets open on Monday having enjoyed something of a post Brexit rally.