Reuters – Not much of anything worked for investors in May, including those known to be the savviest of the bunch.
BP’s failure to stop oil from gushing into the Gulf of Mexico caused tumult in the commodities markets. U.S. securities regulators are still trying to figure out the cause of the May 6 flash crash. And attempts by European governments to allay sovereign debt concerns didn’t prevent the Dow Jones industrial average from dropping nearly 8 percent during the month.
