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Lance Roberts observes that U.S. financial conditions continue to be at the easiest levels seen since last year, despite concerns over the normalization of interest rates from unusually low levels.
He points out that these accommodative conditions persist even as rates have moved higher.
Roberts recently analyzed the latest surge in semiconductor stocks, discussing mean reversion and technical factors affecting portfolios. He also reported that the top 1 percent of U.S. companies now account for nearly 80 percent of sales. These earlier observations provide context for his ongoing focus on shifts in market structure and trading conditions.