It's been a while since we checked in with market strategist Jeff Saut, so below is his latest weekly commentary entitled, "Money and Savings?" In it, he talks about the difficulty in timing the market and how he's tried to manage risk the past few months while expecting a decline.
While things haven't quite played out as he's thought recently, he still pulls some interesting data out:
"September is truly the worst month historically. Indeed, September has seen the worst average returns for the D-J Industrials over the past 50 and 100 years."
Embedded below is Saut's latest commentary:
You can download a .pdf copy here.
We've previously posted how Saut has raised cash in anticipation of a decline in stocks.
Tuesday, September 3, 2013
Market Strategist Jeff Saut: September Historically the Worst Month For Markets
Labels:
investment strategy,
jeffrey saut,
market commentary,
raymond james,
SPX,
SPY
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