Without checking, what’s your first thought as to where the main indices stand thus far year to date? Your guess was quite likely a lot more pessimistic than how things currently stand. Sure, the DJIA losses exceed 100bps but that’s largely due to a particular airplane manufacturer (again – see below). The US benchmark is just barely in the red while the Nasdaq more so but only modestly. Despite the mere paper cuts to the market thus far, there has been a decidedly souring sentiment to the equi…
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