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Old 13-06-2020, 10:33 PM
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Stock market rally was mostly in US due to the unlimited QE, which is mostly flowing into wall street instead of main street, causing asset inflation. While other market have recovered slightly from the low, it is still about 20%-30% off the peak. Even in US, the spread is unequal, while S&P 500 almost recovered to its peak in feb, it is mostly contributed by the big cap and the tech stocks. If you look at the small cap ETF, it is still struggling. The lower the you go in the corporate food chain, the more they will struggle right now.

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