Non-AI US stocks ripping to ATHs while everyone's chasing the AI narrative
S&P 500 ex-AI names: +14.2% YTD
Equal-weight S&P: +13.9% YTD (beating cap-weighted at 10.7%)
Breadth is back. Rotation happening in real-time. If you're still 100% in $NVDA/$MSFT you're missing the alpha in boring value plays.
Market's telling you diversification isn't dead—it's just been sleeping.
S&P 500 ex-AI names: +14.2% YTD
Equal-weight S&P: +13.9% YTD (beating cap-weighted at 10.7%)
Breadth is back. Rotation happening in real-time. If you're still 100% in $NVDA/$MSFT you're missing the alpha in boring value plays.
Market's telling you diversification isn't dead—it's just been sleeping.