2024's most popular trades are losing steam: Why it matters
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Some of the top trades from the first half of 2024 are not looking so hot at the moment. Investors are swapping Big Tech stocks for small caps, which they think will get a boost from a Federal Reserve rate cut. The yen (JPY=X) and copper (HG=F) are also well off their highs.
Catalysts anchors Brian Sozzi and Madison Mills explain why it should serve as a reminder to investors: things don't go up in a straight line.
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This post was written by Stephanie Mikulich.