TechFlame news, August 29. According to the Gold10 data report, analysts said that investors who are worried that the US stock bull market is close to unsustainable levels will soon face new concerns.

Next week, the calendar will turn to September, when US stocks are the weakest in history. Investors will also welcome the latest non-agricultural data and two inflation figures, and then the Federal Reserve will make much-publicized policy decisions. Meanwhile, Trump continues to crack down on the independence of the Federal Reserve

and is calling for drastic interest rate cuts.

Considering that the S&P 500 index has risen 17% since the beginning of May, the bulls are in a particularly dangerous situation when entering September. The current valuation has reached

22 times the expected profit, which is comparable to the level at the end of the internet bubble.

According to Barclays strategists, programmatic traders who rely on trends rather than fundamentals hold positions in US stocks at close to the highest level, and hedge funds' stock positions are already very crowded. According to Bank of America analyst Paul Ciana, since 1927, the probability that the S&P 500 index will fall in September is 56%, with an average decline of 1.17%. In the first year of the presidency, the probability of falling in September rose to 58%, an average decline of 1.62%

.