Churn Beneath the Surface – Rising Tail Risks – February 27, 2026
Good morning, Another week of churn beneath the market’s surface, even though the S&P 500 Index goes nowhere, has been the story of the month. While the S&P 500 looks to finish little changed, leadership continued to rotate aggressively. Severe price corrections in pockets of AI-driven technology and communications were offset by strength in the broader market […]