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Sell May, Go Away: Not this Year
Pinnacle Digest writes: The market theme 'Sell in May, Go Away' continues to ring out. Paul Ebeling explains the election year, which bodes well for the markets, and that the economic environment of today is much different than it was in 2008.
Paul takes a look at the valuations, dividend yields, performance, and underlying trends at the helm of the recent positive macro economic numbers. The fact that last year, at this time, US housing was in the tank and uncertainty was the word of the week makes 2012 incomparable. Overall, the US economy is in pretty decent shape.
The history of 'Sell in May, Go Away' is examined with a focus on the Dow Jones Industrial Average.
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