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September is usually a pretty volatile month with the summer vacation crowd coming back to their desks and investors re-assessing their views for the balance of the year. This year was no exception as the markets had experienced an unprecedented period of low volatility over the summer as the market basically had no days with moves of over 1% in either direction during July-August. That ended quickly in September as stocks sold off after some comments from various Federal Reserve Governors that it was time to start raising interest rates. (more…)