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MRKT Call: Follow the Flows

RiskReversal Pod

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Bank Stocks Outperformed the S&P 500 in Q3

Bank stocks in particular really outperformed after those kind of Q3 reports that we saw in mid-October and led to the upside it was one of the first major sectors in the S&P to kind of overtake its 200-day moving average. The consumer is not in a great spot I mean you'll hear it over and over again the lazy conversation and the lazy sort of sound bite is the US consumers balance sheets, says Lizzin.

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