Reported about 1 month ago
Scott Rubner from Goldman Sachs indicated that a weak payroll report could trigger a correction in the stock market, especially as clients are already positioning for a decline. Historically, late September tends to be the S&P 500's worst trading period, compounded by reduced demand due to companies entering buyback blackout periods. With corporate stock purchases expected to drop by 35%, combined with hedging strategies potentially increasing selling, the risk-off sentiment may lead to significant market adjustments ahead of the U.S. presidential election.
Source: YAHOO