US stocks surrendered a small portion of their recent recovery overnight as war in Eastern Europe showed no signs of improving – Apple ended its longest rally since 2003 illustrating how a rest was more than overdue for stocks. We currently have a balance between investors looking to buy the dip as they sit on decent cash levels while a worsening economic backdrop due to the war is concerning many, especially in the bigger picture.
MM remains mildly bullish US equities over the coming month (s)
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