Investing in a Post-COVID World
In this week’s stock market review, we will review the impact of the recent increase and breakout of the 10-year treasury yield on the stock market. We will also review where we are in our reopening playbook, and how many of our preconditions for a potential strong fall rally have or have not been met.
Key Takeaways
- Peak COVID fear may have it over the past week
- Interest rates may have bottomed
- Cyclicals – short term momentum recovering, long term trend intact
- Economically sensitive sectors are poised for an explosive rally
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