S&P 500 returns are often weaker during summer months
Historical trends show that the summer trading season can bring modest returns and below-average trading volumes.
This can create potential for significant swings in share prices if a catalyst emerges.
The current macro backdrop, including high inflation and the Iran war, may contribute to an uncertain period for equity prices.
Investors may want to consider positioning themselves defensively, given the strong performance of U.S. stocks over the past two months.