So, there is poetic justice to the anniversary date of the downtrend reversing to an uptrend exactly 3 years later.
Whether one wants to argue soft landing, no landing, recession, stagflation, higher for longer, rate cuts-the fact remains that a rotation into small caps for us who invented the Economic Modern Family, is a good thing.IWM tells us that the economy is in good shape.And remember, narratives are not very meaningful if the price says something different.
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