What’s the worst month for stocks? The answer may surprise you. It did me. We’ll spend the next two minutes talking about it and why it matters. Here’s a hint, it has to do with the upcoming Federal Reserve meeting. This is What’s Happening Now.
Podcast: What's Happening Now: What's the Worst Month For Stocks? (2:26)
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August Has Been Rough – Sometimes.
August has been a bad month for stocks. But that doesn’t mean you should make any major decisions. In the past 25 years, August produced gains in the stock market 17 times.
Six of the eight times stocks fell during the month, it was ugly.
Click on the graph to enlarge.
What’s Happening Now is a podcast talking about current events which impact your bottom line.
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Neal Watson is a Certified Financial Planner™ Professional and a Financial Advisor with Fleming Watson Financial Advisors He typically works with people who are planning for retirement. Fleming Watson is a Registered Investment Advisory firm located in Marietta Ohio. Our firm primarily serves Marietta, Parkersburg, Williamstown, St. Marys, Belpre, Vienna and the surrounding communities in Washington and Noble Counties in Ohio and Wood and Pleasants county in West Virginia.