Salient to Investors:
September is the only month to drop on average since the 1920s.
S&P 500 companies are headed for record earnings in 2012 but Q2 earnings were the weakest in three years. Analysts expect 2012 earnings of $103.18, down from $105.27 at the start of the year: expect 2013 earnings at just over $115.
U.S. stocks have outperformed emerging markets for the better part of two years.
S&P 500 companies average 46.1 percent of sales abroad, while tech companies average 57 percent of sales.
Read the full article at http://www.businessweek.com/articles/2012-09-03/an-ugly-fall-for-stocks