The Week On Wall Street: Treading Water
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“I can calculate the motions of the heavenly bodies, but not the madness of people.” – Isaac Newton
The month of May has historically been mostly flat for the equity market, and May 2021 was no different. As mentioned last week, it was a “non-event” performance for the major indices. That shouldn’t be such a surprise considering the rally off the lows has been quite impressive. As we enter June, the focus turns to the discussion of the “summer…