Monthly Market Musings

Our up-to-the-minute thinking on market trends.

MAY 2024

Investors did not heed the adage ‘Sell in May and Go Away’ as equity markets charged forward last month, erasing April’s losses and closing at fresh all-time highs.  Fed commentary on the timing of rate cuts and a resurgence of meme stocks made headlines but the artificial intelligence theme continued to dominate market movement.  Portfolio manager Anthony Brooks discusses the character of May’s market advance in our latest investment review.