Even as stocks look set to reach new highs in September, the feeling of dread on Wall Street is palpable.

Strategists (and the media) have been incessantly droning on about the seasonal trends that place September as one of the worst months of the year for equity benchmarks.


via LPL Financial

Even last year, when stocks were in a nearly ceaseless race to records, the S&P 500
SPX,
-2.04%

took a September nosedive that saw it wipe out nearly 10% in value at one point before resuming its bullish rally.

Ultimately, September 2020…

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