With the US economy stabilising over the past few years since the financial crisis, and a December rate hike looking increasingly more likely, the US recovery is underway.
There has been an increase in growth rate volatility, uncertainty of currency direction, and lack of clarity on interest rates this year, writes Douglas Burtnick, Aberdeen's deputy head of North American equities.
US Congress needs to agree a new debt ceiling limit this month if the economy is to avoid a significant growth hit, according to Architas CIO Caspar Rock.
Dan Harlow, co-manager of the AXA Framlington American Growth fund, assesses the opportunities as the US market faces a 'mid-cycle pull back'.
Rate hikes are off the table until 2017
US stocks had a disappointing first three quarters of the year and volatility jumped as Federal Reserve uncertainty and Chinese growth concerns rattled investors.
The reason for the Federal Reserve's caution on rates could be closer to home: US unemployment is simply higher than headlines suggest.