Is September the Worst Month for the Stock Market?

Is September the Worst Month for the Stock Market?

Alex Michalka, PhD

Is September the worst month for the US stock market? Depending on who you ask, maybe. This belief is so common that it has a name: the “September effect.”

In this post, we’ll look at nearly a century of US stock market data to investigate whether there’s any truth to the idea that September is a bad month for investment returns. We’ll also look for patterns in both weekly and daily returns since 1926, and explain what our findings mean for you as an investor.

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