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Increasing our cyclical Value sector allocation

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Lifting Financials to overweight, Energy to marketweight, while lowering Consumer Staples, Utilities, and Real Estate to underweight. Sector allocation changes since June 3 move cyclical sectors from 670 basis points underweight to 670 overweight. Cyclical Value sectors have been hit hardest by coronavirus, but are now mean reverting.

Ned Davis Research | Equities | U.S. Sector & Industry Focus | Weekly

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