Akoner: The rotation from mega-cap tech into small caps and cyclicals is underway

i i think the market is pricing that in the fact that you know it will likely be felt in in the first few quarters of twenty twenty six as you know the market is forward looking but the reason why i picked rotation as my as my word of the day is the fact that again consumer

stocks particularly is pricing a a major boost to the consumer sector again a hundred and fifty billion in the form of tax refunds coming into the picture in february twenty twenty six so that will boost the the more consumer sensitive sectors it could be home builders it could

be banks as we talked about and discretionary in general is is having a boost so i would say both macro which will be felt later but markets it's what we're seeing at the moment