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Xty Market Turned From Bull to Bear in 2018
A down turn tends to make things a lot more noisy and a bit more random. The last time we saw dispersion as high as we've seen it so far in 20 22, was two thousand and nine. Funnily enough, that's the last time that acti manages had such a good record. Yes. Ye i meani 50 % is a huge feat for active there. When i think of active law, especially in the large cap space, i think of lake a third a performing rate. This year, half have. So that's pretty good. Is it because of the volatility? I think. There's a combination ofof factors.