The Mother of All Recoveries
"Sell in May and go away" is the truism in stockbroking but with the pandemic turning the world upside down, is this the year to "Buy in May and make 'em pay"? A kind of vaccine giddiness has already spread through financial markets with analysts and traders salivating at “The Mother of All Recoveries” in spite of the colossal mountains of debt that governments are building to keep economies from imploding. The March US federal budget deficit hit USD 660 billion, the third la