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05 September, 2010

Investors Brace for Dreaded 'September Effect'

Investors brace for dreaded 'September effect' - Business - Eye on the Economy - msnbc.com: "The economy is weakening, home sales are plunging and stocks are on a long slide. Now comes something even scarier for investors — the beginning of what is traditionally the worst month in the market.

Could stocks be headed for another September swoon?

'If history is any guide, for it's never gospel, we may be in for another rough ride,' says Sam Stovall, chief investment strategist at Standard & Poor's..."

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