The Dog Days of Summer are here! In addition to the record heat waves expected to bombard the West Coast this weekend, we also await what typically occurs around this same time: equity market volatility and below average returns.
In the Summertime
As May draws to a close, equity investors were not treated well. Concerns over a slowing economy and heightening trade tensions with China weighed on investor sentiment. The S&P 500 fell over 6 percent for the month, which is the first negative month of May since 2012.