The adage may be 'sell in May and return on St Leger Day' but September is not as steady for the stockmarkets as the saying indicates, according to Tilney Group,
The adage may be 'sell in May and return on St Leger Day' but, September is not as steady for the stockmarket as the saying indicates, according to Tilney Group. St Leger Day, on 16 September, is traditionally seen as the end of summer and an opportunity for investors to return to markets. However, more recently, events such as 9/11 and the collapse of Lehman Brothers have seen September proving to be a volatile month. Jason Hollands, managing director of communications at Tilney Group, said: "While the summer months have earned a reputation as a period prone to market upsets, whe...
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