What's hot and what's not

I'd like to try to persuade you to break one of the oldest sayings in the investment business: sell in May and go away. To convince you to go against that idea, I will need to explain three things: why the market is where it is, why it is right to invest now and how I believe it is possible to invest profitably in the summer months.  The UK market, like others around the world, was drifting off over the first nine months of 2001. Economies were growing more slowly and profits were under pressure.  Despite the action of the Federal Reserve in the US and the Bank of England's Monetary Pol...