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Heavyweights still down for the count or recovering?

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After weighing down market in 2022, FANMAG recovery would support rally prospects. Equal-weighed/cap-weighted ratio trending higher, an encouraging sign. China megacap rebound has boosted China and EM indices - FANMAG comeback could have similar impact on U.S. and ACWI.

Ned Davis Research | Equities | Global Focus | Weekly

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