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IMCV - This Still Looks Like A Mid-Cycle Expansion
iShares Morningstar Mid-Cap Value ETF
Markets remain under pressure, as the Russia-Ukraine standoff continues.
The futures market is now predicting just a 25-basis point hike by the Fed in March.
While there are factors that may lead some to believe we are at the end of very short economic and market cycle, this still looks very much like the middle.
I think we are retesting the January lows rather than starting a new leg lower.