Sell in May? Maybe Not, Says JP Morgan's Galler
"Sell in May and go away" goes the old investment adage. Analysts at Goldman Sachs Group Inc. agree -- this year, at least. While the team, led by Chief U.S. Equity Strategist David Kostin, is sticking with its end-of-year S&P 500 target of 2,100, the analysts reckon there could be some serious volatility along the way. But JP Morgan Asset Management Strategist Tilmann Galler disagrees. He joined "On the Move" hosts Matt Miller in Berlin and Guy Johnson in London to discuss whether investors should just take the summer off.
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