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September is famously the worst month for stocks on average, a phenomenon that has been heavily debated and attributed to tax-loss selling or parents liquidating ******* ets for back-to-school costs. The so-called September Effect has also been dismissed as totally meaningless.
Putting the market psychology aside, this September has given markets plenty of reason to reinforce the stereotype: oil prices on a war-fueled incline, rising AI apocalypse anxiety and, of course, this week's interest-rate hike. Some ******* ysts believe that, while the September Effect may be in full swing this year, there is still time for a positive October (and later) surprise.
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READ ALSO: SEC Greenlights Tokenized Stocks After Clarity Act Fails in Senate and Fed Raises Interest Rates for First Time in Three Years as Diesel, Gas Prices Surge

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