Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
In February, the speculators executed a “duck and cover” maneuver. This phrase, which cold warriors infamously used to instruct school children on how to respond to a nuclear attack, rings true in the equity markets today. Investors have abandoned the majority of the twenty emerging growth sectors tracked by the Rabid Capitalist. Ominously, the energy sectors alone delivered standout returns.
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