Bob Elliott
· Nonconsensus
· March 04, 2026 at 11:06
· ⏱ 2 min read
| Read on Substack ↗
Summary
The author observes a recent sharp reversal across many markets. However, they note that investors who diversified away from US stocks at the beginning of 2026 are likely still profitable for the year despite the recent downturn.
•A sharp reversal has occurred across many markets in the last few days.
•Despite the recent moves down, investors who diversified away from US stocks to start the year are still 'well in the black'.
•The article highlights that some of the best-performing areas year-to-date are now seeing reversals.