Postcards: The Ultimate Trump Stock?
Today, I'm revisiting a stock we recommended in March... and it's up 28% since then.
Market Update: As I noted on Monday, the rally for the Russell 2000 doesn’t feel set to slow down. But it’s not a Trump rally… it’s the idea that the Fed may abandon the real 2% target. Chairman Powell said yesterday that they might not wait UNTIL inflation reaches 2%… just that they’re convinced it will. OKAY?!?!
Remember, I flirted with the idea that they’d just walk away from the target to appease the Paul Krugmans of the world. My No. 1 pick of the second half for Republic Risk readers, Commercial Vehicle Group (CVGI), a small-cap trucking company, jumped 8.5% on the day. This is a good time for our small-cap-focused reversion stocks.
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