Trouble Brewing Everywhere: September Is Going To Be One Hell Of A Month, There Are So Many Potential Risks Out There, The First Week Back From Vacation Is Going To Be A Big One
September 1st, 2013
Off the Cuff: Trouble Brewing Everywhere
Signs of weakness are appearing on a number of fronts
September Is Going To Be One Hell Of A Month
This comes on top of a whole bunch of other developments coming out of Washington:
The government is due for shutdown unless Congress can pass a new Continuing Resolution (a budget).
The Federal Reserve is expected to “taper” the pace of bond purchases (slow down quantitative easing).
There’s the August jobs report.
The debt ceiling debate (we’ll hit the debt ceiling in mid-October).
Sometime in the next few weeks Obama will name the next Fed chief.
Oh, and September is historically the worst month for the stock market.
So yes, HUGE month coming up.