Sell in May and go away in 2023?

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments.

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Most investors are aware of the old adage, “Sell in May and go away”. But where does this saying come from and is it really that straightforward? In this episode of the Beyond Markets podcast, Mensur Pocinci, Head of Technical Analysis at Julius Baer, shares his thoughts with Helen Freer, Investment Writer, on how we should interpret this well-known phrase and if it is relevant in 2023.
 
0:51       What is technical analysis?
3:18       Where does the saying “Sell in May and go away” come from and how should investors interpret it?
6:15       Why do equities tend to underperform between May and November?
7:41       Does the saying also apply to other asset classes?
8:21       Conclusion

What is Beyond Markets?

“Beyond Markets” by Julius Baer is a series featuring conversations with experts to share recent market developments, key insights, and strategic inputs from around the globe. In each episode, we cut through the noise to offer practical advice and macro research on today’s shifting economic and market landscape.
The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.