This summer will be decisive for the economy and Wall Street

(Credit: Getty Images)

• The coming months will likely see several major events, datasets, progress reports, and deals that will determine the path forward for the economy and financial markets. By the fall, the impact of President Donald Trump’s tariffs and fiscal policies should be clearer, giving the Federal Reserve more confidence to act.

If you followed the seasonal investing advice of “sell in May and go away,” you may want to reconsider because the outlook for the economy and financial markets will likely be determined in the coming months.