Economic Data Boosts Stocks // Sell In May & Go Away? // Natasha Singer of The New York Times - 5/28 (Hour 1)

(0:56) - Markets opened higher after a batch of economic data was released. Consumer spending rose 0.5% in April, while personal income fell 13.1%. (13:13) - There is an old adage in investing that says, "Sell in May and go away." Is there validity to this phrase, and what do the statistics indicate?(24:41) President Biden's $6 trillion budget proposal includes a raise in taxes on the wealthy. The proposal, however, faces a tough road ahead in Congress.(33:58) - Natasha Singer of The New York Times joined the show to discuss how big tech's endeavor into contact tracing ended up faring throughout the pandemic.