The Headwinds Are Building For Stocks In The Near-Term

State Street SPDR S&P 500 ETF Trust ( SPY ) is up 10.5% year-to-date but is showing weakness for a fourth day. This article explains why I believe investors should be showing caution this month.

State Street SPDR S&P 500 ETF Trust (SPY) faces headwinds amid a historically weak September and fading buyback support. Buyback volumes are projected to decline after September 12, potentially pressuring SPY through late October. Rising inflation, energy prices, and likely Fed rate hikes create a non-supportive macro backdrop for equities. Government finances show stress, making bonds less of a safe haven; I see corrections as future buying opportunities.