It is the first full 5-day working week in the UK this May though I think many would argue that today felt more like a bank holiday than the previous two Monday’s. ‘Sell in May and go away’ a well-trodden path for Equity investors over the years but the rule book has been ripped up this year as it seems investors on the whole are happy to do nothing in May and then go away. We’re 5bps higher from where we were a week ago, 5bps higher than where we were a month ago and only 3% higher than where…
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