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Cross-Asset Focus

TACO Trade Looks Overcooked

by Felix Vezina-Poirier, Chief Strategist  

The S&P 500’s rebound has outpaced fundamentals, and with the index back at the top of its range, investors shouldn’t chase the rally. Stocks are once again flirting with all-time highs after a 19.8% post-Liberation Day rebound, dubbed the “TACO…

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