Unofficial :Wall Street
[ Ссылка ] Wall Street Minute : September is the month when the stock market's three leading indexes usually perform the poorest. Some have dubbed this annual drop-off as the "September Effect."
Since 1950, the Dow Jones Industrial Average (DJIA) has averaged a decline of 0.8%, while the S&P 500 has averaged a 0.5% decline during the month of September.
The September Effect is a market anomaly, unrelated to any particular market event or news.
The September Effect is a worldwide phenomenon; it doesn't only affect U.S. markets.
Some analysts consider the negative market effect may be attributable to seasonal behavioral bias as investors make portfolio changes to cash in at summer's end. follow us on [ Ссылка ]
