Topics Covered:

• High-beta vs. low-volatility stock performance
• Why narrow market breadth can lead to leadership shifts
• Signs of improving fundamentals after a mild earnings recession
• The impact of new small-business tax cuts on growth and jobs
• The case for quality stocks in a late-cycle environment
• Global opportunities in value and emerging-market equities

Key Takeaway:
Rotation and selectivity — not just momentum — will shape the next leg of this market.

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