Amid geopolitical tensions and inflation concerns, equities face pressure, but historical data challenges the "Sell in May and go away" adage.Investors are grappling with mixed signals, as evidenced by the lack of clear direction in the ratio of high beta stocks hit record highs after the market peaked in March, it appears to be reversing course since last week. However, this retracement doesn't necessarily signal the end of the bullish trend that began in 2020.
Only 1987, 2011, and 2015 defied this pattern, ending the year down despite positive returns in the first four months.
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Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »