The old investor maxim, “Sell in May and go away,” may be tweaked this summer for U.S. investors to something more akin to “hold in May, and stay.” At least, that’s according to Schroders, a U.K.-based global asset management company. A company report, published by CNBC.com, claims that while U.S. economic activity appears as if it will continue to climb throughout the summer, the same reasons propelling the American economy ahead may harm exporters and actually destabilize global economic growth. Schroders’ analysts claim “… of the demand generated by the U.S., more is likely to be met by domestic rather than overseas production.” If the report’s correct, then the notion of dumping stocks before the market’s typical summer malaise may just be the exact wrong thing to do for investors in the U.S. economy.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
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Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: