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TME Weekend: Teflon bull

Narrowness

The top 13 stocks have driven the whole of the S&P’s YTD upside with the top five contributing ~70%.

Source: Bloomberg

The January indicator

Source: Bespoke

Nice surprise

Source: UBS

This bull doesn't care about earnings misses

Source: Jefferies

Yikes for yield curve bears

Breaking below

Source: Macrobond

Die prächtige 5 fünf

Source: Holger Z

Hmmm on positioning

Source: Goldman

What did I miss?