Miner Company
Factor Extremes: Momentum Runs Hot As Low-Vol Stumbles
The US stock market surged to yet another record high on Thursday, a new milestone that suggests a rising tide is lifting all equity sectors. Despite the headline strength in equities, the widening gap between factor winners and laggards underscores how uneven the market's internal dynamics have become.
The US stock market surged to yet another record high on Thursday, a new milestone that suggests a rising tide is lifting all equity sectors. Despite the headline strength in equities, the widening gap between factor winners and laggards underscores how uneven the market's internal dynamics have become.