So we got a little ahead of ourselves.. This may be best illustrated in Commodities, which saw their largest monthly allocation increase since 2006 (plot for the Big Short comes to my mind) - a rather startling reminder of how aggressively underweight some areas of the market remain when investors rush to balance their books (see visuals on the Copper & SXPP Index charts, which should include the caption “fomo”)…. And, with Powell finally throwing in his towel for June rate cuts Tuesday (partia…
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