Market review 23.08.20
Less is more
Today’s post will be shorter, but the message is essential.
A recap of recent quarters
In the ten months starting Oct 1st, the Total World Stock ETF (ticker VT) returned an exceptional 29% with dividends.
Commercial hedgers (‘smart money’) had become record-long equities last Sept and again this May. From May to July, we saw a growing num…
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