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Aug 05 2023

Lowering The Bar!

  • Aug 5, 2023

As we’ve noted, none of the major indexes has kept pace with the typical path traced out during past cyclical upswings. It has since occurred to us that this nearly ten-month stock rally is being compared to an unrealistically high standard: The current advance doesn’t have the advantages enjoyed by bulls that launched out of recessionary conditions.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager