2020 was one of the wildest years in the stock market for a long time. A really long time. In true stock market fashion, it didn't fail to humiliate investors who dared to predict it's future course.

Inflation. The word on every investors' mind right now. Financial markets are treading carefully, and those who are convinced that inflation is coming are cashing in their chips.

This old adage is thought to have originated from an old English saying, "Sell in May and go away, and come on back on St. Leger's Day." It refers to a custom of aristocrats, merchants, and bankers who would leave the city of London and escape to the country during the hot summer months. St. Leger's Day refers to the St. Leger's Stakes, a thoroughbred horse race held in mid-September.

It's hard to imagine, but last week marked President Biden's 100th day as US President. During this time, the stock market has been quite strong, however you probably may not realise just how strong. The stock market has gained 8.6% (price only) during this time, and according to my calculations, it ranks as the third best in a President's 100 days going all the way back to 1900.