We’re in the middle of the stomach churning period for the market

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Market volatility is unlikely to let up anytime soon.

Data compiled by Trivariate Research shows the S & P 500 has averaged a 1.3% loss in September going back to 1929. The firm also pointed out that the overall volatility for the benchmark this month is among the top four, with a standard deviation of 5.8%. October is also highly volatile. The standard deviation for the S & P 500 for that month comes in at 6%. To be sure, the S & P 500 averages a 0.5% gain for that month.

Economists polled by Dow Jones expect the economy added 162,000 jobs last month. On Tuesday, the Institute for Supply Management will post its manufacturing activity index for August. Economists forecast a contraction for the month.

 

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