September is a historically weak month for stocks, but the first U.S. Federal Reserve rate cut in four years meant that markets have mostly bucked the trend so far. The S & P 500 has risen around 1% month-to-date, and jumped about 8% since the end of June when stocks went through much volatility. But risks such as the U.S. election, inflation and geopolitical conditions raise the question of what the path ahead will be like for stocks.
asset manager Schroders, said "Equity markets were vulnerable to a correction after a very strong nine months, but company fundamentals are decent and heightened volatility creates opportunities for repositioning where dislocations occur." U.K. remains one of the most attractively valued markets globally relative to its long-term history, he said. Valuations in the U.S.