In the News, Investment news, Investment

Don't sell in May, says Michael Hans

Posted On May 09, 2018 By Clarfeld

Clarfeld Financial Advisors' CIO tells Reuters' Fred Katayama financial and tech stocks can take this range-bound market higher.

"From our perspective you really need to respect both sides of the equation where on the one hand the market hasn't fallen apart even though there is a tremendous amount of volatility and risk from a geopolitical perspective. At the same time we've had really positive earnings numbers and the market hasn't shot higher, so I think a lot of this is really trying to work through some of the damage and impact we saw from the spike of volatility back in January"

SOURCE: https://mobile.reuters.com/video/2018/05/07/dont-sell-in-may-says-michael-hans?videoId=424756659&videoChannel=5

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