Over the last couple of years, investors have looked to the annual Jackson Hole meeting for clues about where interest rates and the markets might be heading. The formula was fairly straightforward. Listen to the Fed Chair, look for a hint, and then watch the markets interpret every word. This year was a little different….

Here we are. September has begun. Every year around this time, we hear the same familiar warning: “September is going to be a disaster for the markets.” Oh no! It seems September has acquired quite a reputation. Since 1928, the S&P 500 has averaged a decline of about 1.1% in September and has finished the…