Salient to Investors:
Joseph Tanious at JPMorgan Funds said everyone is trying to figure the Fed – strong data reinforces the Fed message of the past few weeks and justifies the tapering of QE, while weak data makes people think the Fed is going continue QE a bit longer, with the end result of increased volatility.
Richard Sichel at Philadelphia Trust says it has been a wonderful month, with ‘Sell in May and go away’ blown apart.
Read the full article at http://www.bloomberg.com/news/2013-05-31/u-s-stock-index-futures-fall-as-investors-await-data.html
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