Much has been made of the recent tight ranges in many asset classes. It appears that we are moving through the end of thes tight trading ranges.
Bond prices appear to moving lower…bullish for interest sensitives like financials, and industrials.
And energy shares after consolidating their move up from the lows in January appears to be beginning another move higher.
All of this bodes well for risk assets as money is likely to start a more concerted rotation from fixed income to equities.
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