BUSINESSMARKETWATCH
Get ready for the summer rally, Wells Fargo tells investors
Wells Fargo attributes recent stock market volatility to quarter-end rebalancing and anticipates potential volatility as November midterm elections approach. The firm expects stocks to perform well between these events.
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Adjacent reporting
- Don’t fear a summer stock crash: Market history shows this massive spring rally isn’t a trap
- Korea’s World-Beating Market Rally Hinges on a Handful of Stocks
- JPMorgan’s Matejka Sees More Stock Gains After Narrow Rally
- U.S. stock market sees first outflow since March. And that may set the stage for a risk-off summer.
- Stocks tend to sink during the summer before midterm elections. Will history repeat itself?
- Stocks are riding an earnings hot streak — but investors are facing a summer that’s rife with risks