Choppy Stocks In Midterm Years 9/4/26

Summary

CNBC's Your Money Minute highlights Wall Street warnings that stocks could see September choppiness because it is a midterm election year. Baird's Chris Verrone sees pullbacks in Caterpillar, Cummins, and Quanta Services as corrections within longer uptrends that may bottom before November. Morgan Stanley's Jim Lacamp points to September's historically poor stock seasonals, especially painful in midterm years. Ross Gerber says markets hate election cycles and November resolution could be a better time to invest.

• Ryan Detrick warns midterm years can historically produce September stock volatility.
• Chris Verrone says Caterpillar, Cummins, and Quanta Services are in long-term uptrends and could bottom before November.
• Jim Lacamp notes September is historically the worst and only down month, especially painful in midterm years.
• Ross Gerber argues markets hate election cycles and may improve after November resolution.
• Jessica Ettinger directs viewers to cnbc.com for more volatility coverage.