JP Morgan Says "Buy in May and Go Away"?
We’ve all heard the saying “Sell in May and go away”. However, this year, JP Morgan’s Marco Kolanovic is saying that this year is the year to do the opposite of buy in May and go away as he expects a surge in the US S&P 500 to happen into the summer from its current level of 4,109. But how realistic is this expectation? Let’s discuss below.
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