It was interesting to see what moved large in the US last night....

It was interesting to see what moved large in the US last night. REITs and associated were the big ones. Nothing to do with the higher for longer?

And to a smaller scale airlines, banks, tobacco, drinks and pharmaceuticals. Not much to do with consumer spending habits I am thinking. j

1-year moves have been good. Some of the weekly data has been turning lower in these areas also. 5% moves are important to watch.

The art of AI distraction.