Lag 7: Year-End Excuse
We’re heading toward year-end — which means inboxes everywhere are about to fill with the same recycled narrative from underperforming managers:
“U.S. equities are overvalued.”
“You can’t chase the Magnificent Seven forever.”
“This market is detached from fundamentals.”
It’s predictable.
It’s convenient.
And it sounds just sophisticated enough to excuse missi…
