The S&P 500 is up because the top 10 companies account for 30% of the index. Inflation has started to fall but is still high over 5% and rates are plateauing over 6%, although another hike in July is expected.
Inflation should be at 3% and Rates should be under 2%.
How does the saying go? Follow the money?
Well, Smart Money is Hedge Fund Money.
Hedge Funds …
