10 May 2017

Weekly Insights From The FNArena News Desk 08/05/17

The calendar says “May” and that means investors are being bombarded with historical “evidence” May is not a good month to be in equities. Sell in May, we have all heard the expression, over and over and over, again.

This despite the fact a closer look into details shows the adage doesn’t always work, or for a brief period only. Statistics certainly don’t provide for context or explanation. Last year, for example, equities held up until the focus shifted to the British referendum and even then the weakness was short-lived with a strong rally building into a peak, but not until mid-August.

 

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