The oldest classic horse race in the world is almost upon us again and while it marks the closing of the flat turf season, tradition dictates that it also marks an upturn in financial markets if folklore is to be believed. “Sell in May and go away, don’t come back till St Leger day”
Come back on St Leger day
There is a general ‘theory’ that during the summer stocks languish and only when everybody is back to their desk …