Out With the…New? How Stock Markets Are Turning the Old New Year’s Adage on Its Head
The start of the year is often an opportunity to turn over a new leaf, but today’s action on Wall Street was all about strength in the old economy stocks. Was this a matter of rising yields taking out high-fliers, or is there something more going on here? Plus Paul Sankey lays out a new pairs trade you won’t want to miss.
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