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October 2023

September’s Market Slump Is Not Atypical – It’s Storm Season

  We call September storm season here at Avion. I'm going to tell you why. The September Effect For at least 100 years now, September's been the worst month of the year for the market. Since 1928, it's been down 52 times. In fact, its ratio of down years to up years is 60/40. 60% of the time you'll lose money in September. There's even a term for this. It's called the "September Effect". So, this year we had a couple of  hidden factors. Through August, we had this AI driving rally. Any stock with AI related to it really did well. There's been a bit of a pullback, and towards the end of September, it really began to sink in that the era of free money is over. Globally, stocks pulled back a little bit as a result of that realization. That could be fairly permanent. The good news…
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