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Apr 05 2024

A Hugely Productive Rally

  • Apr 5, 2024

Rallies of this magnitude (+30% in 5-6 months) are not uncommon; however, this one began one year into a yield-curve-inversion cycle and with stock valuations already elevated. The latter condition could be viewed as a positive because the market surge has created one of the most pronounced short-term wealth effects in history.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager