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2021 May Outlook

The S&P 500 continues to power higher despite the ongoing worries that appear to be growing from some vocal growling bears. We have commented in our previous updates that the ongoing rally is certainly “Climbing the Wall of Worry”. Now we are entering a period that has been referred to as “Sell in May and Go Away”, which only gets bearish forecasters and investors even more anxious.

We are well aware of the historical track record that does indeed show that the period from May till the end of October has provided lower returns than the November to April period.

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