All Equities Are The Same In A Selloff

All of a sudden inflation is looking transitory. Energy and commodities are rolling over, while autos have already peaked and bond yields are falling. The market is fine.

Futures are looking grim heading into the week but there are nice risk/reward setups across the board with a supportive market backdrop. Remember, most “investors & money managers” are unskilled and tend to regurgitate the headlines that they read to others, like birds.

Bottom line:

The inflation headline narrative is an overcrowded trade. All of a sudd…