‘Sell in May' adage breaks down as Trump-era markets reward risk, but not for FTSE 100

IG analysis shows the S&P 500 has gained an average 9.5% from May to October during Donald Trump's presidency, challenging the classic "sell in May and go away" seasonal rule. The piece is a market-commentary note rather than an event-driven update, so the immediate price impact is likely limited. The main relevance is to investor positioning and seasonal sentiment around U.S. equities.

Analysis

IG analysis shows the S&P 500 has gained an average 9.5% from May to October during Donald Trump's presidency, challenging the classic "sell in May and go away" seasonal rule. The piece is a market-commentary note rather than an event-driven update, so the immediate price impact is likely limited. The main relevance is to investor positioning and seasonal sentiment around U.S. equities.