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Concentration of Market is ‘Uncharted Territory’

Concentration of Market is ‘Uncharted Territory’

Philip Lawlor discusses the macro picture, noting strong earnings growth forecasts and risk appetite in the markets. However, he points to the narrowness and concentration of the market, saying we’re in “uncharted territory”. He says mean reversion could be “quite ugly” unless market breadth expands out of the Mag 7.

Morning Trade Live

24 Jan 2025

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