Financial advisors have turned into political puppetsBy any financial metric, O and G's are seriously outperforming and should be attracting investment like a magnet. However, the booth is dead quiet this summer, making it vulnerable to shorters (just
look around BB and see how many new short accounts are speaking up). Meme stocks are the new young investors strategy - and piggy backing on hedge funds - they care more about short trends then financials.
Financial advisors are also to blame. They are more focused on selling ESG stories than real financials. It leaves a handful of 'old school' investors that seek value and cash flow.
I do believe the value is again at a level that institutions can't and won't ignore.
When we recover from the summer lull, (totally unjustified from a financial standpoint this summer, as commodities are at record highs), the SP appreciation will be fast and furious. People will be looking for ways to pay the mortgage, and seem to love to chase the trend or rally.
Not much is 'trendier' than making money
IMO and GLTA