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Why August in a pandemic is a time for vigilance for stock market investors

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The dog day’s of summer on Wall Street are upon us.

The ancient Greeks would refer to the so-called “dog days” in late July and early August as the period in which the star Sirius — also known as Alpha Canis Majoris, or dog star–as the hottest part of summer, notably because the star appeared to rise just before the sun. It signified a time prone to bringing fever or catastrophe.

That description, perhaps, is an apt way to think about August markets in the midst of a pandemic that continues to dog investors, wreaking havoc on global economies.

“Historically August has had pretty muted performance…given the fluid coronavirus situation, the uncertainty regarding the…



Source marketwatch.com

Why August in a pandemic is a time for vigilance for stock market investors

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