Market Overview

Get Ready For September's Jam-Packed Month

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Get Ready For September's Jam-Packed Month

Wednesday is August's final trading day, and the markets will be closed the following Monday in observation of Labor Day. When trading activity resumes on Tuesday, it will mark the start of a very busy month ahead.

September's key events include the first U.S. presidential debate, a Federal Reserve meeting that may or may not conclude in an interest rate hike, an OPEC meeting and various other central bank interest rate announcements from across the world.

As noted by Bloomberg, no asset class will be "immune" from event risk throughout September.

September also happens to be one of the worst months for stocks on a historical basis, as it is the only month in which the median return for the S&P 500 has been negative dating back all the way to 1928, according to Bank of America Merrill Lynch Head of U.S. Equity and Quantitative Strategy Savita Subramanian.

So long, August's "dog days of summer."

Related Link: A Historical Look At The U.S. Development From Emerging Market To Global Economic Superpower

Bloomberg added that Wall Street strategists are "warning of an end to the unusual calm," and many are suggesting investors go long volatility due to the prospect of rising cross-asset correlations.

Here is a list of key dates investors should be aware of as highlighted by the Bloomberg report.

  • Friday, September 2: August's non-farm payrolls report.
  • Thursday and Friday, September 4–5: China hosts a G20 summit.
  • Thursday, September 8: European Central Bank's Governing Council gather for a meeting.
  • Thursday, September 15: Bank of England gathers for a meeting.
  • Wednesday, September 21: Federal Reserve officials gather.
  • Wednesday, September 21: Bank of Japan will announce results of a review of its monetary policy.
  • Monday through Wednesday, September 26–28: Algeria hosts an OPEC meeting.

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