2023 has been an extraordinarily confusing year for portfolio managers. Investors have generally brushed off SPY’s +15% YTD rally, presuming it to be merely green shoots in a bear market with a seemingly inevitable correction coming. As Q2 comes to an end, however, it may be time to acknowledge some improvement in macro fundamentals and [...] The post CIO Thoughts: Are Investors Buying Into the Hype, or Is the Reversal in Sentiment Justified? appeared first on ETF Trends .