Portfolio Management 

Super-cycle profit plays

Super-cycle profit plays

WeWork’s failed IPO shows even vastly inflated stock markets will sneer at hubris, just as the paring back of Saudi Aramco’s listing plans demonstrates cynicism towards bloated largesse. The S&P 500 still made new highs right after these stuttering disappointments, but positive market moves feel like the last days of Rome against a backdrop of trepidation.

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