Bloomberg Daybreak: Asia Edition cover image

Debt deal Reached, U.S Inflation Data Worries

Bloomberg Daybreak: Asia Edition

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The Cyclicals and the Even Weight Index of the S&P 500

The theme to watch right now is can this carry over and can this select that group of stocks which are carrying the broad indices. If by chance they were to peel back a little or go sideways, could you see cyclicals or let's say the even weight index of the S&P benefit from that? That would be the natural rotation trade. But I don't know that it would be enough to compensate at this point because of the top heaviness of the indices.

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