Highlights
- Although the massive divergence that has been building since 2021 still dominates our list of long-term concerns, we are mindful not to worry about it as long as the short-term structure and leadership continues to improve.
- With leadership coming from a diverse array of cyclical and growth industries, we are willing to keep this divergence on the back burner for now.
- In addition, the vast majority of short-term trends remain positive, a condition that is beginning to spill over to the medium term. . .
