“You Retire Once… I Help People Retire Everyday”
Although summer is winding down, equity markets have continued to shine, with August marking the fourth consecutive month of gains. This stretch of strength has provided investors with a welcome sense of calm after a turbulent start to the year. Still, history reminds us that periods of low volatility rarely last indefinitely, and September has traditionally been the weakest month on average stock market returns. More on that later.
On the economic front, inflation concerns are easing. Earlier in the year, new tariffs stoked fears of persistent price pressures, but those have proven less severe than expected. In fact, for the first time since 2021, U.S.small businesses now cite weak sales—not inflation—as their top concern. This shift underscores a cooling inflationary environment, which makes it harder for the Federal Reserve to justify keeping interest rates at restrictive levels.While political pressures and upcoming Fed leadership changes may create some near-term uncertainty, the overall backdrop is constructive for equities, supported by resilient earnings growth and the prospect of a more balanced monetary stance.
Adding to the momentum, Tuesday, September 2nd marked both the first trading day of the month and the 100th trading day since April’s “tariff crash”low. Over that span, the S&P 500 surged more than 28%—one of only 12 times in the past 70+ years the index has gained over 25% in 100 trading days.Historically, these rallies have often been followed by further strength. While the market sometimes dipped over the next week or month, it has historically rallied every single time over the following three months and, in nearly all cases, over six and twelve months as well.
Click below to read my full monthly publication as I expand more on the month of August, dig into the numbers, recap the primary market moving event, and look ahead to what I think investors need to know as we move into September.
Please remember, no matter what happens in financial markets day to day, my commitment belongs to you and your long-term financial success. My role is to help you stay focused, manage emotions tied to your financial future, provide clear tools and guidance for informed decision-making, and adjust when needed—all with your best interests in mind. Together, we’ll navigate the ups and downs and continue moving toward the future you’ve envisioned.
As always, thank you for reading and enjoy the start of Pumpkin Spiced Latte season. Admittedly, I’ve never had one but have heard they’re delicious.
Thanks. AP
