SPX Concentration, Fed Uncertainty, and the Manufacturing Strain
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SPX Concentration, Fed Uncertainty, and the Manufacturing Strain
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Arthur Laffer and Nancy Tengler dive into today’s market debates: is the S&P 500’s tech concentration a bubble in the making or just history repeating? What to expect from Powell at Jackson Hole and the Fed’s next move. Plus, the technician shortage hindering U.S. manufacturers, America’s earnings edge over the rest of the world, and whether mid-caps or Canadian large caps offer the best opportunities now.
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