03.09.2018 • 12:00 GMT
John Kicklighter
• Historically, August is the end to the so-called 'Summer Lull' while September brings a jump in volatility and volume
• Should activity increase, the laundry list of systemic risks so-far ignored (trade wars, EM fears, mon pol) can find traction
• We consider the substantial exposure the markets have to benchmarks like the S&P 500, EM and key currencies