TAIL: Complacent Markets Warrant An Upgrade

Maximusnd In the past, I have been critical of the Cambria Tail Risk ETF (BATS:TAIL), as I noted the fund had failed to provide any downside protection during the 2022 equity bear market, losing 13% in 2022 despite the S&P 500 Index declining by 18%. However, with increasing signs of market complacency and a proliferation…

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