TheStreet.com
Goodbye May, Markets, Biden and the Fed, Inflation, OPEC+
After dipping into bear market territory, defined as a 20% dip from a prior recent high, at the intraday low of 3,810 on May 20th, the S&P 500 had tacked on 9.4% at yesterday’s (May 31) high. For the month of May, the S&P 500 closed up 0.22 point. The S&P 500 gained 0.01% for the month of May, despite the obvious tree-shaking, or should I say, partly in hindsight… obvious opportunity.
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