I have determined to stop my internal whining about FPACX lagging on up days. This shop nailed the financial crisis way ahead of time...Rodriguez and crew went to cash 2 years or more back and took all kinds of heat for it, and who was right?
So if they are taking their sweet time deploying cash both from the larder and from the reopen, fine. We may have auto names we have all grown up with go bankrupt--the ripple effect down the supplier chain on employment, retail, etc will shake the tree hard enough for possibly another 20% hair cut on the SP 500. So things may get cheaper still.