Good Tuesday morning. Hope everyone in the states had a good Labor Day weekend.

Heads up: I’ll be on Fox Business with the always smart money Charles Payne on “Making Money” in the 2PM EST hour. Hope you can join us!

We come back to the markets with futures down slightly, as investors try and make sense of still-too-high bond yields and seasonality that’s mixed, at best. Yes, September is the worst month of the year. Has been since 1950.
But its the second half of September that tends to bring the most volatility and downside action, in advance of the “crash month” October. The month of October has produced our best buying opportunities on record. Unfortunately, that’s typically because October tends to produce big sell-offs.

September is actually the only month which has been down (on avg) over the last 50 years but interestingly, there have also been six Septembers that were up more than 4%, with four of those occurring in succession (1995-1998).

Here’s the data with the...