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Podcast: Money Life with Chuck Jaffe
Episode: Market's 'worst six months' in '23 won't include recession
Description: Jeffrey Hirsch, editor-in-chief of the Stock Traders' Almanac, discusses 'calendar effects' -- the traditional 'Sell in May and go away; buy in October to get yourself sober' strategy that may not kick in this year until as late as June, but which should involve avoiding the worst of the year and a lot of market softness but no recession. Hirsch notes that since World War II the market has made most of its gains between October and April and this year is no exception, which will leave the market looking at a squishy, back-and-forth summer before things pick up...