Utilities have risen along with a bond rally, stock market surge and AI-hype.
Stock market is back near peak valuation hit in late 2021, AI-hype is fading and surge in commodities is putting a lid on bonds.
XLU also firing exhaustion signals.
Stock market is back near peak valuation hit in late 2021, AI-hype is fading and surge in commodities is putting a lid on bonds.
XLU also firing exhaustion signals.