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The much-hated bull market is losing steam as optimism about a V-shaped recovery is making room for realism with headlines including 'Why the market could go much lower' and 'The US is risking a second COVID-19 wave'. On the contrary, we still have the Fed pumping unprecedented (my God, I love that word) amounts of money in the market, which could cause a significant rise in asset prices. It's one of the most intense battles in the modern history of the stock market and the outcomes have never been this uncertain.