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India in “peak pessimism” phase, but cyclical recovery may lift earnings: Arbind Maheswari

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India in “peak pessimism” phase, but cyclical recovery may lift earnings: Arbind Maheswari
Indian equity markets are currently navigating a phase of subdued earnings growth, valuation concerns, and shifting global capital flows, even as market participants point to early signs of cyclical recovery ahead, according to Arbind Maheswari, BofA Securities.

Speaking on ET Now, Maheswari noted that earnings estimates have been steadily revised downward, with growth expectations now cut to around 8.5%, marking what could be the third consecutive year of single-digit corporate profit expansion.

“Since then, we have cut down earnings estimates back to about 8.5%. So, this is the third year in a row where we expect earnings to give you single-digit growth. But that said, I think there is pain from the cycle and as this fades, I do not think this is a permanent thing. As the West Asia crisis fades, as oil prices cool off, as the supply chain bottlenecks that India is faced with start to ease, you already have headline growth and then you will start to have bottom line growth as well,” Maheswari said.

Valuations remain elevated, but narrative shifts with growth visibility

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On India’s relatively resilient valuation multiples despite muted performance versus peers, Maheswari highlighted that premium valuations have long been a sticking point for global investors, but are largely sustained only when growth visibility improves.

“Look the interesting thing is valuation has always been an overhang for the Indian markets for global investors through the up and the down. It has remained a problem for any bottom-up investor looking at India. People are willing to pay the premium if they start to see growth come back. The problem is when you have those valuation multiples but with low earnings growth and low earnings growth visibility is where the challenge is then for people who are looking at the markets to invest in.”
So, if you solve for growth and earnings growth, people are okay paying the kind of multiple that India has seen historically. And any which way with the kind of selling that we have seen both from foreigners, from private equity investors, from founders selling stakes, the valuation compression has naturally occurred because if you look at the markets at the very least have time corrected despite economic growth and earnings growth in the single digits, the markets have gone nowhere. So, the valuation correction has already happened and if you start to look at dollar term, then it has corrected even more,” he added.
“Peak pessimism” visible; modest returns still possible
Addressing near-term market direction, Maheswari acknowledged ongoing macro uncertainty but suggested sentiment may be close to its lowest point.

“So, we cannot rule out the here and now issues. They are very real. So, I would not be foolhardy and say that it is all rosy from here on, but I would say one thing there definitely is peak pessimism in the markets and there is definitely a lot of questions being raised around pain which seems more cyclical in nature and people are starting to identify with some of these as permanent, it is not going to be, India always surprises both the optimists and the pessimists alike and I think at this point given how pessimistic this sentiment has become, we will not need a whole lot to be able to start delivering returns. In fact, from where we are at this point in the markets, we feel like we could deliver 10% index returns till the end of the year,” he said.

Foreign investors still engaged despite muted returns
Maheswari also noted that foreign investor participation remains steady, even if performance has not been compelling in recent years, suggesting India still holds structural appeal in global portfolios.

“There is definitely a shift in terms of the focus that where is the Indian economy starting to see green shoots, what are some of the areas which are driving the next phase of growth? And if you look at what is happening around the world, you can clearly see growth coming through in energy security and then energy security means different alternatives, renewables, green hydrogen, and different forms of power. There is defence which is kicking in. India has been an infrastructure starved country and that is going to be continuously invested in. So, these are areas where people are looking for ideas,” he said.

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AI reshaping global flows, India yet to fully participate
On artificial intelligence and global sector rotation, Maheswari observed that capital flows remain heavily concentrated in technology, particularly AI-linked trades, which is influencing sentiment across emerging markets.

“So, the market is globally is attracting flow towards only one story, at the front and centre of it is tech is AI and it is hard to pull away from the fact with near-term vision. And now whether it is a bubble, it is not a bubble, how long can this last is anybody’s guess but that is not just an India problem, it is a problem for across markets. And even within markets it is within the sectors as well. If you look at how narrow the rallies have been even for markets which are at all-time highs whether it is Korea, Taiwan now or the US, the market rally has been led by only a handful of stocks. If you look at the median returns, it is still pretty pedantic. So, it is not just an India problem is one,” he said.

“When foreign investors are looking for ideas in India, at the back of the mind they know that the AI trade may not last forever and when that fades, they will have to look at ideas and we think there is a pullback at some point that will come, but they will have to get ready for what next and then India will definitely be a market that will start to attract flows once that AI trade fades,” he added.

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Roblox Down Now? Game Outage Disrupts Hundreds of Players Worldwide on June 13 2026

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Roblox is an online game platform that lets players create their own unique games.

Roblox, the popular online gaming platform where millions of users create and play user-generated experiences, faced reports of disruptions Saturday affecting hundreds of players attempting to log in, join games or access core features, sparking widespread frustration during peak weekend activity.

Users across multiple regions took to social media with the hashtag #RobloxDown, sharing screenshots of loading errors, connection failures and inability to launch experiences. While not a complete platform-wide shutdown, the intermittent issues impacted gameplay and community interactions for a notable segment of the player base.

Downdetector and similar outage tracking services registered elevated complaint volumes, though official status pages indicated most systems remained operational with isolated problems. Roblox’s own status dashboard showed all major components as functional, but user reports suggested server connection, game launch and in-experience performance difficulties for some.

The timing coincided with high weekend traffic, as families and young players engage heavily with the platform’s vast library of experiences ranging from simulations and role-playing to competitive challenges. Disruptions during such periods amplify inconvenience, especially for those participating in group activities or events.

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Roblox has not issued a detailed public statement on the latest reports. In past similar incidents, the company has acknowledged issues through its status page or social channels, often attributing them to sudden traffic spikes, maintenance or underlying infrastructure challenges. Quick resolutions have been common, with full recovery within hours.

The platform, valued at tens of billions and boasting over 80 million daily active users in recent periods, relies on robust cloud infrastructure to support its expansive virtual world. Brief outages, while rare relative to scale, highlight the complexities of maintaining seamless service for a global, always-on audience dominated by younger demographics.

For many affected players, the problems manifested as endless loading screens, error messages or inability to join friends. Parents monitoring children’s screen time reported added challenges in explaining technical difficulties during scheduled play sessions. Community forums and Reddit threads filled with troubleshooting advice, including cache clearing, VPN toggles and device restarts.

This latest report echoes previous disruptions, such as those in early June 2026 that impacted thousands with game launch failures. Roblox engineers typically respond by rolling back changes or scaling resources, leading to rapid stabilization. The company’s transparency via its public status page helps users stay informed during such events.

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Broader context includes Roblox’s continued expansion into new features like enhanced social tools, avatar upgrades and creator economy incentives. These innovations increase platform complexity and demand on backend systems, occasionally contributing to stability tests under heavy load.

Industry analysts note that gaming services face inherent challenges with variable user spikes, especially around holidays, weekends and viral experiences. Roblox’s model, empowering millions of creators, generates unpredictable traffic patterns that require sophisticated monitoring and redundancy.

Despite occasional hiccups, Roblox maintains strong user loyalty due to its creative freedom and social elements. The platform serves as both entertainment and a virtual social hub for children and teens, making reliability a top priority for long-term engagement.

Users experiencing issues are advised to check the official Roblox status page, restart applications or devices, and ensure stable internet connections. Many problems resolve spontaneously as load balancing adjusts. For persistent cases, support tickets through the app or website provide official channels.

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The incident underscores Roblox’s critical role in digital entertainment. With billions in annual revenue and a massive creator community, even short disruptions draw significant attention. Company executives have previously emphasized investments in infrastructure to minimize future occurrences.

Community reactions mixed disappointment with understanding. Many players expressed appreciation for the platform’s overall uptime while hoping for faster resolutions. Others shared workarounds or shifted to alternative games temporarily. Social media served as both a complaint outlet and coordination space for updates.

As a publicly traded company, Roblox faces expectations for enterprise-level reliability alongside its fun, creative identity. Stock performance often remains resilient to brief technical issues, reflecting confidence in underlying growth drivers like user-generated content and international expansion.

Parents and educators value Roblox for its educational potential in coding, collaboration and digital citizenship, making service continuity important beyond pure entertainment. Outages remind families of the platform’s dependence on technology infrastructure.

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Roblox continues evolving with safety features, moderation tools and age-appropriate experiences. These efforts, combined with technical robustness, support its mission to connect a global audience through play. Saturday’s reports, though disruptive for some, appear limited in scope compared to major past events.

Looking forward, the company is expected to maintain focus on scalability as its user base grows. Enhanced monitoring, AI-driven anomaly detection and expanded data centers form part of ongoing resilience strategies. Players can anticipate continued innovation alongside reliable access.

For now, affected users await full normalization. Historical patterns suggest quick recovery, allowing the Roblox community to resume creating, exploring and competing in its vibrant virtual universe. The episode serves as a minor reminder of the challenges in powering one of the world’s largest online gaming ecosystems.

As weekend play sessions continue, Roblox enthusiasts worldwide hope for smooth experiences ahead. The platform’s enduring popularity demonstrates its central place in modern youth culture, with technical reliability key to sustaining that position.

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Search for Missing Nancy Shifts to Mexico After Anonymous Tip About Grave Near Border

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Hartsfield-Jackson Atlanta Airport

TUCSON, Ariz. — Volunteers in Mexico conducted fresh searches for Nancy Guthrie, the 84-year-old mother of NBC’s “Today” host Savannah Guthrie, following an anonymous tip that her remains may be buried in an unmarked grave near a stream close to the U.S. border, though initial efforts yielded no results as the investigation entered its fifth month.

The tip directed attention to the Mariposa area west of Nogales in Sonora, Mexico, prompting the volunteer group Buscando Corazones Nogales to explore the rugged terrain. Ramona Guadalupe Ayala Ortiz, head of the group, said they received the call describing specific details and had previously uncovered more than 25 unmarked graves in the vicinity containing remains of at least 32 individuals during April and May operations.

“We received an anonymous call telling us that the woman’s remains were in the Mariposa area — in a grave over a stream,” Ayala Ortiz told local media, according to reports. The group returned for additional searches but came up empty for Guthrie, vowing to continue efforts in the region.

Pima County Sheriff’s Department officials in Arizona confirmed awareness of the tip but noted they had not been contacted by Mexican authorities. “We are aware of reports regarding an anonymous tip related to the Nancy Guthrie investigation that was provided to a group in Mexico. At this time, we have not been contacted by Mexican authorities,” the department stated. “This investigation remains active and ongoing and we will continue to follow up on any credible information.”

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Guthrie was last seen at her home in the Catalina Foothills area north of Tucson on Jan. 31, 2026. Authorities believe she was taken against her will after discovering blood near her doorstep and surveillance video showing a masked individual on the porch. The case has drawn national attention due to her daughter’s high-profile role and the family’s public appeals.

Savannah Guthrie and her siblings have offered a substantial reward for information leading to their mother’s recovery and have shared emotional updates. In one video message, Savannah described the ordeal: “Every hour and minute and second, and every long night, has been agony since then. Worrying about her and fearing for her and aching for her. Most of all, just missing her.”

The family returned to public life gradually, with Savannah resuming her role on “Today” in April amid an outpouring of support from viewers wearing yellow ribbons in solidarity. The case has generated widespread media coverage and community involvement on both sides of the border.

The volunteer searches in Mexico highlight the cross-border complexities of the investigation. Buscando Corazones Nogales focuses on locating missing persons in a region known for clandestine graves linked to various crimes. Their prior discoveries underscore the challenges in such rugged, expansive terrain near the Arizona-Sonora border.

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Meanwhile, local authorities in Pima County continue pursuing leads. On June 11, deputies arrested 54-year-old Alexander Zabel Jr. outside Guthrie’s residence following complaints about his behavior. Zabel, a true-crime YouTuber livestreaming from the scene, faces charges including resisting arrest and public nuisance after an incident where a sergeant was knocked to the ground during the encounter.

This marked Zabel’s second arrest in the area that week, reflecting heightened tensions in the neighborhood amid increased true-crime enthusiasts and amateur investigators drawn to the high-profile case. Officials have emphasized that such activities can hinder official efforts and disrupt residents.

The disappearance has prompted significant resources from the Pima County Sheriff’s Office and the FBI. Early evidence included blood at the scene and damaged power lines, suggesting possible planning. No ransom was ever paid despite reported demands, and the motive remains unclear, though speculation has included theories of a targeted abduction.

Family members, including Savannah, have maintained hope while acknowledging the prolonged agony. The $1 million reward offered by the family underscores their desperation for answers and commitment to bringing Nancy home or achieving closure.

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Cross-border cooperation adds layers of difficulty, involving coordination between U.S. law enforcement and Mexican authorities. The anonymous tip, while unverified, prompted immediate action from volunteers familiar with the area’s hidden burial sites. Future searches are planned as investigators sift through tips.

The case has captivated public interest, with updates regularly shared across news outlets and social media. Savannah’s return to the anchor desk provided a poignant moment, supported by colleagues and viewers alike. Her co-host Craig Melvin and others expressed solidarity during broadcasts.

As weeks turn into months, the investigation continues to evolve. Forensic analysis, digital evidence and community tips form the backbone of ongoing work. Authorities urge anyone with information to come forward through official channels to avoid compromising the case.

The Guthrie family’s ordeal reflects broader challenges in missing persons cases involving vulnerable adults. Nancy Guthrie’s active lifestyle prior to her disappearance contrasted sharply with the sudden vanishing, fueling community concern and volunteer mobilization.

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Experts note that such high-visibility cases often generate both helpful leads and unhelpful speculation. Law enforcement balances public appeals with careful management of information to protect investigative integrity. The Pima County Sheriff’s Department has increased patrols and addressed neighborhood disruptions.

For now, the search extends across borders, with hope sustained by the possibility of resolution. The anonymous tip, though yielding no immediate breakthrough, demonstrates the persistence of efforts to locate Nancy Guthrie. Family, friends and supporters continue to await news while honoring her memory through advocacy.

The coming weeks may bring further developments as Mexican volunteers plan additional sweeps and U.S. authorities evaluate cross-border coordination. In the meantime, the case serves as a sobering reminder of the uncertainties surrounding missing loved ones and the enduring determination to find answers.

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Peoples Financial Services Remains Compelling Enough To Bank On (NASDAQ:PFIS)

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Janus Henderson Forty Fund Q4 2025 Commentary (MUTF:JACCX)

This article was written by

Daniel is an avid and active professional investor.
He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham’s investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Lee Enterprises: Interest Costs Coming Down

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Lee Enterprises: Interest Costs Coming Down

Lee Enterprises: Interest Costs Coming Down

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Kratos Defense & Security Solutions, Inc: Why I Am Buying The Dip

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Kratos Defense & Security Solutions, Inc: Why I Am Buying The Dip

Kratos Defense & Security Solutions, Inc: Why I Am Buying The Dip

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SpaceX Is No Longer A Company – It’s A Belief System (NASDAQ:SPCX)

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Weekly Commentary: SpaceX And A Z.1 (Q1 2026)

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“AWS Certified AI Practitioner Early Adopter”I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I have been the primary driver of Anthropic-based tooling in our company’s division, and have successfully pushed for the division-wide integration of tools like Claude Code via AWS Bedrock. I am currently spearheading the implementation of AI-infrastructure in our division.I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tools and applications. I have increasingly deep knowledge on the science behind generative AI systems as a result of first-hand experience with machine learning algorithms, model training, and model deployment.I contribute to Seeking Alpha as an outlet to share my AI and machine learning insights through an investment-focused lens.Closely associated with LL InsightsPer TipRanks (6/26/25) – 2 Year Timeframe#716 out of 31,463 Financial Bloggers #1,222 out of 41,143 experts

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Russell 1000 And S&P 500 – Same Lane, Different Construction

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S&P 500 Snapshot: Index Inches Closer To Correction Territory

FTSE Russell is a leading global provider of index and benchmark solutions, spanning diverse asset classes and investment objectives. As a trusted investment partner we help investors make better-informed investment decisions, manage risk, and seize opportunities.Market participants look to us for our expertise in developing and managing global index solutions across asset classes. Asset owners, asset managers, ETF providers and investment banks choose FTSE Russell solutions to benchmark their investment performance and create investment funds, ETFs, structured products, and index-based derivatives. Our clients use our solutions for asset allocation, investment strategy analysis and risk management, and value us for our robust governance process and operational integrity.For over 40 years we have been at the forefront of driving change for the investor, always innovating to shape the next generation of benchmarks and investment solutions that open up new opportunities for the global investment community.

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Tokenomics: The New Divide Between AI Winners And Renters (SP500)

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Tokenomics: The New Divide Between AI Winners And Renters (SP500)

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I’m a long-term investor focused on U.S. and European equities, with a dual emphasis on undervalued growth stocks and high-quality dividend growers. Through years of experience, I’ve learned that sustained profitability—evident in strong margins, stable and expanding free cash flow, and high returns on invested capital—is a more reliable driver of returns than valuation alone. I manage one of my portfolios publicly on eToro, where I qualified as a Popular Investor, allowing others to copy my real-time investment decisions. My background spans Economics, Classical Philology, Philosophy and Theology. This interdisciplinary foundation sharpens both my quantitative analysis and my ability to interpret market narratives through a broader, long-term lens. I started investing when I became a father. By managing wisely what I received and earn, I aim to ensure for me and my children that we don’t have so much that we don’t have to do anything, but that we have enough assets to be free to do what we want. The goal is not to free myself from work, but to make sure I can work in the place and in a way where I can fully express myself.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of IWM, INTU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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VEFA’s First Rebalance: What Analyst Sentiment Is Saying

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VEFA's First Rebalance: What Analyst Sentiment Is Saying

VanEck is a global asset management firm offering ETFs, mutual funds, private funds, model portfolios, institutional strategies, separately managed accounts, as well as UCITS funds. Since our founding in 1955, putting our clients’ interests first, in all market environments, has been at the heart of the firm’s mission. VanEck has a long history of looking beyond financial markets to spot trends that create meaningful investment opportunities. We were one of the first U.S. asset managers to give investors access to international markets, which set the tone for identifying asset classes and themes such as gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 that later helped shape the investment industry. The firm oversees $161.7 billion in assets as of September 30, 2025. Disclosures: http://ow.ly/SZ9450N5qTJ.

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IMF: Uncorrelated Managed Futures Strategy From Invesco (BATS:IMF)

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IMF: Uncorrelated Managed Futures Strategy From Invesco (BATS:IMF)

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With an investment banking cash and derivatives trading background, Binary Tree Analytics (‘BTA’) aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have been investing for over 20 years after obtaining a Finance major at a top university.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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