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Stock Market Investing, 2 Trades for Slowdown in Cyclicals: Rosenberg

Rosenberg Research & Associates This story is available exclusively to Insider subscribers. Become an Insider and start reading now. The S&P 600 and the Russell 2000 are falling behind the rest of the stock market. Cyclical stocks were a great investment in the economic recovery, but some sectors are losing steam. The economist who called the housing bubble thinks these are signs the market rally is stalling. It s easy to see why investors have been so optimistic lately. Thanks to a terrible first quarter during the early days of the pandemic, stocks across the board are poised to report exceptional year-over-year earnings. First-quarter earnings announcements from the big banks this week backed that theory up, as Morgan Stanley, Goldman Sachs, and others crushed analyst expectations.  

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