https://blog.frank-zhang.com/tags/v6.8.0/Recent content in V6.8.0 on Frank Zhang | AI & IHugo -- gohugo.ioen-us© 2026 Frank ZhangFri, 08 May 2026 00:00:00 +0000https://blog.frank-zhang.com/investment/v6_8_regime_blog/Fri, 08 May 2026 00:00:00 +0000https://blog.frank-zhang.com/investment/v6_8_regime_blog/<p><figure><img class="my-0 rounded-md" loading="lazy" decoding="async" fetchpriority="low" alt="V6.8.0 Chronology" src="https://blog.frank-zhang.com/images/v6_8_regime_hero.png" ></figure> </p> <blockquote><p><strong>Author: Frankie7878</strong><br> <strong>Release Date: 2026-05-08</strong><br> <strong>System Version: V6.8.0 Trading OS</strong></p> </blockquote><hr> <h3 class="relative group">Introduction: Dividend Retrenchment and the Illusion of the &ldquo;Index Bull Market&rdquo; <div id="introduction-dividend-retrenchment-and-the-illusion-of-the-index-bull-market" class="anchor"></div> <span class="absolute top-0 w-6 transition-opacity opacity-0 -start-6 not-prose group-hover:opacity-100 select-none"> <a class="text-primary-300 dark:text-neutral-700 !no-underline" href="#introduction-dividend-retrenchment-and-the-illusion-of-the-index-bull-market" aria-label="Anchor">#</a> </span> </h3> <p>If you only look at the daily charts of the S&amp;P 500 (<code>SPY</code>) or the Nasdaq 100 (<code>QQQ</code>), you might lose yourself in the illusion of a peaceful, prosperous bull market. However, under the surface, the micro-level temperature is experiencing intense polarization:</p>