The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues – such as raising the debt ceiling – awaiting the return of lawmakers to Washington. With September, typically the worst month in
the year for stocks, on the doorstep, investors are likely to be nervous that cracks seen in the more than-eight year bull run in equities will turn into a steeper selloff. “September is historically one of the most volatile months of the year,” said Michael Purves, chief global strategist at Weeden & Co in New York. “Why do you want to chase the S&P right now if there’s a good shot that September can be an ugly, volatile month.” READ MORE
