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Michael Kantro described the recent decline in high-beta technology stocks as the bursting of a 'tech beta-bubble.'
He added that, in his view, factors are currently the cleanest way to observe underlying market dynamics.
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Earlier this year, Kantro reported that the S&P 500 Macro Select index climbed nearly 30% year to date. He also noted that corporate margins have risen due to both cyclical and secular trends. These observations reflect his ongoing focus on shifts across different market sectors.