“Great men are not born great, they grow great.” ― Mario Puzo, The Godfather
Good evening,
Stocks took a breather this week, dragged down by rapidly changing policies in the White House catching Wall Street off guard.
The S&P 500 tumbled 0.4% this week, putting its annual gains at 1.4% — which still marks its best start to a year since 2023 when AI unleashed a monster rally in tech stocks.
What’s different this time is that last year’s laggards are ...