In this month's Economic and Strategy viewpoint from Schroders, Keith Wade, Chief Economist and Strategist, Azad Zangana, European Economist and James Bilson, Economist give their views on the following key news points
Another year of "sell in May?" (page 2)
Evidence is building of a slowdown in global growth, repeating the pattern seen in recent years where a strong start to the year fades in the spring. We would see the current downshift as a consequence of the inventory cycle and tighter fiscal policy in the US against an on-going backdrop of fiscal austerity and bank de-leveraging in Europe.