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Market Dynamics and Investor Sentiment
This chapter examines the current state of interest rates and their impact on market performance, particularly regarding small-cap stocks and the recent decline of momentum investing. It discusses the influence of retail investors on stock valuations and highlights the opportunities that might arise in 2025 despite ongoing market volatility. The chapter underscores the importance of a disciplined investment approach during challenging economic conditions, advocating for a steady mindset to navigate uncertainties.