As September Begins With Pain, Seasonal Weakness Could Be Front Loaded

FS Insight Team

"One must try, everyday, to expand one's limits." ~ Mas Oyama

Good evening,

Stocks just notched the fifth-worst start to September since 1928, and the worst week in a year and a half. This included a sharp drop for the S&P 500 on Friday despite the August jobs report showing a labor market that is "an ideal, middle-of-the-road" range, as Fundstrat Head of Research Tom Lee put it. 

The report showed 142,000 jobs created in August – lower than the 165,000 expected by consensus...

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