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But we saved everything 🙂.
Michael Kantro said that there is not much difference between momentum and beta factors in 2026, as the correlation between the two is nearly 1.
Kantro shared this observation in a social media post.
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Kantro recently reported that the S&P 500 Macro Select index is up nearly 30% year to date. In a separate analysis, he highlighted that corporate margins are continuing to rise due to both cyclical and secular forces. His latest comments follow these observations on market performance and profitability.