has averaged a loss of 0.03% between August and October since 1928, making it the worst three-month period for the broader market index. This period also includes September, a month in which the S&P 500 averages a loss of 1%.
Given this historically weak time period for the market, Bank of America's Stephen Suttmeier thinks this is a good time to "get more defensive."
Pro The bear: Why you look at me, it’s not my fault😄
Pro The sentiment indicators are certainly negative going into the month. Maybe a contrary indicator, we will see 💰
Pro History doesn't mean anything. This is an extraordinary time! Let's not confuse things here!
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