This is a Thursday AM update as busy tomorrow. Is anyone else at the NMC?
This week, the known longs have marginally outperformed the index but the shorts may crimp outperformance. To what level I have no idea. Let us hope it is not as bad as the inverse index as shown below.
I am trying to remember the last time we outperformed the index over a period greater than 3 months but can't recall.
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