The Curse of September: Evergrande Fiasco, S&P 500 Divergence, Bitcoin Slump
themoneyraccoon.substack.com
September has historically been the worst month of the year in terms of stocks generating returns. And there is a positive correlation between the stock market and crypto, meaning Bitcoin and other cryptocurrencies are likely to replicate a similar crash if there were to be one. The first half of this month hasn’t been so bad overall, but things are looking grim since this past weekend. The question is: will we see continued sell-offs and the self-fulfilling prophecy of the red September?
The Curse of September: Evergrande Fiasco, S&P 500 Divergence, Bitcoin Slump
The Curse of September: Evergrande Fiasco…
The Curse of September: Evergrande Fiasco, S&P 500 Divergence, Bitcoin Slump
September has historically been the worst month of the year in terms of stocks generating returns. And there is a positive correlation between the stock market and crypto, meaning Bitcoin and other cryptocurrencies are likely to replicate a similar crash if there were to be one. The first half of this month hasn’t been so bad overall, but things are looking grim since this past weekend. The question is: will we see continued sell-offs and the self-fulfilling prophecy of the red September?