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A ‘Monster Vibe Shift’
Don't look now, but US equities are within shouting distance of record highs, on track for a 3.5% mo
“US equities” is within spitting distance of new highs only when measured against the SP500 which is heavily skewed by the Mag 7. Measured against equal weighted indexes and it is 3-5% below the highs depending on the index chosen. This remains a bifurcated market.