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May perhaps is kicking off with a deal for Very first Republic Financial institution, though there’s no serious celebrating across Wall Street. Which is as investors encounter a 7 days comprehensive of possibly market-going events — a Fed meeting, careers info, Apple earnings and ongoing credit card debt ceiling negotiations.
We’re also coming off the greatest stage due to the fact February for the S&P 500, which closed out previous 7 days at 4,169. And of course that “Sell in Might and go away” mantra is building the rounds, with MarketWatch’s Mark Hulbert advising investors adhere around, but in safer inventory-market place…
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As Fed pause, debt tussle collide, shelter in these stocks, states strategist