Is it Time to Invest Outside the US?
As global stocks continue to bounce over the past week, it is important to use periods of correction and consolidation to determine whether certain market areas are reasserting leadership or being challenged by other under-owned sectors that are fundamentally improving.
In this week’s update, we assess the veracity of the current market bounce, which parts exhibit potential leadership, and which areas show signs of fatigue and potential exhaustion.
Key Takeaways
- Stock market bounce looks strong, more work is needed
- Tech/Consumer at risk, EM & banks look strong
- Interest rates may be peaking
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