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Are investors on the brink of losing a hard-fought recovery for the stock market this year? September is about to deliver the S&P 500’s SPX worst monthly performance of 2023 — a 5.1% drop (December 2022 saw a 5.8% tumble.) Thanks for nothing, bond yields and King Dollar.
If the index can hang onto the 11% return earned so far this year, that’s better than 2022, but maybe not the rebound many hoped for. And rising fear among investors could make the next three months tough, especially as bad news is now bad news.
Over…
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