Dealing with a cold today, but I thought this was so worth sharing, as it should frame your investment decision making and help provide some road signs as for what to watch to indicate the direction of the markets. My thoughts, I am bullish in as much as equities continue to make new highs, knowing that record highs presage record highs, but also side with the bearish camp long-term, understanding that the market is manipulating vis-a-vis the Fed's money pump.
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