VOO - Rotation: A key phrase in financial markets right now

2024-07-17 06:50:54 ET

It was only a month ago that Wall Street Breakfast pointed to a sector rotation in the making , and the movement appears to be picking up steam. There are many reasons for the shift, including value searching due to sky-high multiples and a broadening of a rally that was supercharged by mega-cap tech stocks. Increasing rhetoric surrounding Fed rate cuts has also ignited excitement about the lending and growth environment for smaller companies, while the Trump Trade has put a focus on other parts of the market that could benefit from a new presidency....

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