Wall Street astrologer warns: ‘Sell in May and run away’

Henry Weingarten is Wall Street’s leading astrologer and just about the only investment pro who acknowledges looking to the heavens for help making decisions. When he spoke to Crain’s in September, he warned that the stock market was headed for a sharp, imminent fall. Now that the market has sharply fallen, it seemed wise to check in with him again.

How does the market look to you now?

My advice is sell in May and run away. Ukraine is a mess. China is a mess. You’ve got inflation, and I think we’re headed into a recession. There’s literally no good news, and that can’t be glossed

→ Continue reading at Crain's New York Business

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