22
May
Sell in May and go away? Too much uncertainty to let it be.
American politics in turmoil again. What’s happening with Trump’s tax plan? Increased uncertainty and risk of disappointment. Profit taking is vital. Buy gold!
Key points
- American politics in turmoil again, could trigger a sudden shift in risk perception
- Increasingly unpredictable outlook for Donald Trump’s economic programme
- Expecting a less ambitious tax plan
- US companies will not be able to further strengthen their excellent results in Q1 over the rest of the year
- Rather disappointing economic surprises in the US in April
- Selling equities before the summer a profitable strategy since 1985… and in 2017?
- Risks of ‘tech mania’ bubble bursting
- Sell in May and… buy gold!
