Enough with the Heat Already

Rob Daly, Sell-Side Technology

I'm not mentioning this simply because the mercury in New York has hit 110 degrees—or 43 degrees Celsius for our European readers—and shows no signs of lowering any time soon.

Okay, maybe I am. There's a reason why "sell in May and go away" became a market adage. Who wants to be around in the hot summer trying to trade with people with frayed nerves due to the weather?

This is why I'm a bit worried about the US debt ceiling negotiations currently under way. The Republicans have moved the

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