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“This Is Nuts”: The Wall Street Bulls Are Ignoring Palpable Risks Everywhere

Summary:
Since the lows of last December, the markets have climbed ignoring weakening economic growth, deteriorating earnings, weak revenue growth, and historically high valuations on “hopes” that more “Fed rate cuts” and “QE” will keep this current bull market, and economy, alive…indefinitely. https://realinvestmentadvice.com/technically-speaking-this-is-nuts-the-reason-to-focus-on-risk/

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Since the lows of last December, the markets have climbed ignoring weakening economic growth, deteriorating earnings, weak revenue growth, and historically high valuations on “hopes” that more “Fed rate cuts” and “QE” will keep this current bull market, and economy, alive…indefinitely.

https://realinvestmentadvice.com/technically-speaking-this-is-nuts-the-reason-to-focus-on-risk/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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