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Sourthern WI | Stocks are trading based on bad news = good and good news = good-er. How about that for logic? :)
What is becoming more and more concerning to me is how much pull a handful of companies (FAANG for example) have on the index. There is growing consensus that if, for example, Tesla takes a spill, it'll take the whole index down with it.
During a normal transition from recession to expansion, small caps will lead. Not only are we not seeing that, but their under performance is growing more stark. That's just one of many indicators that have me worried about what is actually going on. | |
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