Wednesday, August 28, 2013

Seasonal Fall

Did I mention that September is historically one of the two worst months for Wall Street?

In addition to history working against us this year, there is now greatly increased violence in the Middle East, and bombardment of Syria is certain.  Right after that, we have a budget battle and a dangerous debt ceiling battle in the U.S.  And, who can forget the Greek debt deal unravels in October . . . and probably Cyprus as well?

Oh, did I mention October is historically the other worst month of the year?

Sit back, work on your golf game, and remember that there is often a "Santa Claus Rally" in late December and that January is historically the best month of the year!