I suspect rotation and flows are at work
There’s no good reason to buy the S&P 500 after the Fed talked about raising rates, yet the S&P 500 is right back to the pre-Fed levels — up 14 points to 2082.
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I suspect rotation and flows are at work
There’s no good reason to buy the S&P 500 after the Fed talked about raising rates, yet the S&P 500 is right back to the pre-Fed levels — up 14 points to 2082.