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Should you “sell in May and go away”?

by Mona Mahajan | 28/05/2018
Andreas Utermann


Market indicators point to a more supportive environment for investors who once may have been swayed by the seasonal “sell-in-May” strategy. Here are five ways to potentially benefit from today’s climate of strong fundamentals, healthy earnings growth and accommodative monetary policy.

Key takeaways

  • Despite a hard start, the year is looking up: our research shows that previous sell-in-May periods that followed a weak first quarter were actually largely positive for stocks
  • We believe a US recession is unlikely in the next 12 months; from an economic and earnings perspective, this could be a peak year
  • Mid-term election years in the US have historically caused volatility before November, but they also tend to end on a strong note as uncertainty is removed from the marketplace
  • Five themes to watch: growth stocks could continue outperforming; a shift to value may happen suddenly; small-cap stocks have been making a comeback; high yield looks attractive; alts can help diversification