EPISODE · May 10, 2021 · 7 MIN
[Outlook-in-Five] Sell in May and go away? (Not just yet...)
from Bank of Singapore · host Bank of Singapore
In this episode, Jean Chia, Chief Investment Officer at Bank of Singapore, looks at the outcome of the recently released US ISM survey results and employment data, and its impact on the financial markets and foreign exchange forecasts ahead. Softer jobs growth, higher unemployment and rising participation all demonstrate that significant market slack still needs to be absorbed before the Fed starts tapering quantitative easing (QE). Around the world, COVID-19 continues to put economic recovery at risk as outbreaks continue to rise across various emerging markets. With all this volatility, the big question for investors remains - should you sell in May and go away? We say not yet. Tune in to find out more...
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[Outlook-in-Five] Sell in May and go away? (Not just yet...)
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