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August Through October Market Weakness | Durham News
Bank of America warns investors that August through October historically spells trouble for the S&P 500, with only 55% of the time seeing gains and average drawdowns over seven percent—especially risky for tech-heavy portfolios. Despite summer optimism, the data suggests a potential pullback, fueled by high valuations and market vulnerability to earnings misses or Fed moves. But the warning comes with a silver lining: November through January has historically been a strong rebound window, with the U.S. Dollar, gold, and bonds as potential safe havens. With big tech earnings looming—Microsoft…
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