Tactical correction in Energy likely to continue into July

Heading into the end of the month and quarter, we’re reminded that this has been the worst first six months of the year for US Equities since 1970, over 50 years ago. Only five other occasions saw declines of greater than 15% over the first six months, and all five turned higher into the back half of the year, with a median gain of +15%+.  However, the year that might show most similarity for investors is 1962, 60-years ago, appropriately nicknamed “Th...

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