BlackRock sees 3 reasons why stock investors should stay in the market in May

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The benchmark S&P 500 (SP500) (VOO) (IVV) has stepped higher in nascent May trade, and after April’s selloff, BlackRock’s (BLK) top strategist listed why investors should stick with the equity market.

Wei Li, chief global investment strategist at the world’s largest asset manager, challenged the “Sell in May and go away” adage well-known on Wall Street after the S&P 500, the Nasdaq Composite (COMP:IND)(SPY) and the Dow industrials (DJI)(DIA) in April snapped a five-month win streak.

The Federal Reserve crystallised high for longer and pushed against highER for longer While still robust, labour market may be getting less tight Buyback boom, and not just the big names we read in the news



This article was originally published by a seekingalpha.com

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