The current big theme in the markets is taking a breather toda | ForexTime
The current big theme in the markets is taking a breather today and it’s hard not see to why it shouldn’t pull up a chair, put a hand on one knee and take stock of where it’s been.
Stocks that underperformed at the height of the pandemic like airlines and bank have been steaming along and leading the market. For instance, European bank and energy sectors have risen 20% and 13% respectively this year. On the flip side, this pick up has come at the expense of the tech-fuelled Nasdaq which has slumped into correction mode with a 10% fall from its February peak, but is bouncing today and... Read More (https://www.forextime.com/market-analysis/great-rotation-pauses)
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