Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The recent stock market eruption, including a major sell-off on Friday, appear to be the early stages of a risk-off phase, or flight to safety, and not a rotation into the Russell 2000. The current events have been part of longer term trends confirming that investors have been fleeing the equity markets.
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The Rabid Capitalist 
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