Enjoy the final weeks of elevated equity prices and narrow credit spreads, before a reversion to the mean. The cattle buying up here will be served during XMAS lunch.

Enjoy the final weeks of elevated equity prices and narrow credit spreads, before a reversion to the mean. Only a miracle can fix this chart. pic.twitter.com/bS0iiblkmg — Guilherme Tavares (@i3_invest) December 2, 2024 The Monday after Thanksgiving in 2021 was an up day. It was the last chance to get out. pic.twitter.com/pULj8PJcRf — Mac10 (@SuburbanDrone) …

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The current market’s narrow leadership, echoing historical patterns.

The market’s recovery, reminiscent of historical patterns like the Nifty Fifty era, raises concerns about the sustainability of the current narrow leadership dominated by a select few mega-cap stocks. This market recovery has been unusual, with very narrow leadership, but it's not the first time. The early 1970s and late 1990s both were dominated by …

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