Will the U.S. Cease to be a Middle-Class Country? Technology, Demographics, and the Coming Political StormRead more
Video of Conference held on April 18th at the New College of Florida.Read more
The old adage “Sell in May and go away” was good guidance for stock markets last year. The market peaked on April 29 and bottomed on October 3. For a detailed discussion of this period and the subsequent bull-market recovery, see our new book From Bear to Bull with ETFs. The eBook (ten bucks) is now available on Amazon.com. Paperbacks by month end and other channels of distribution like iBook and Nook are coming. Please note that profits from this book will be donated to the Global Interdependence Center.
History shows that ‘Sell in May and go away’ has applied when the Federal Reserve was in a tightened mode during the six-month span from May to November. If the Fed was actively raising interest rates, withdrawing or constricting credit, imposing additional reserve requirements, or taking an action that was of a tightening mode, stock markets were usually punished in that six-month period.Read more