Years of suppressed volatility and
the success of momentum strategies — betting on yesterday's winners rising even further — have led many investors to pile into similar investments, as the chart below shows.
Following the passage
of the Every Student Succeeds Act (ESSA), the PED launched NMRISING, a statewide initiative to inform the development
of New Mexico's state plan7 and build upon the
momentum of recent student
success.8 The plan reinforces the PED's commitment to robust CCR standards and assessments, meaningful school accountability, a commitment to ensure that all students are served by excellent educators, and dynamic
strategies for turning around the state's struggling schools.