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Many would like to believe that the COVID-19-induced stock market downturn in March/April and subsequent recession is all but over. The markets have jumped back up to challenge February highs. Virtual high fives and elbow bumps to all. I only have one issue with drinking the Kool-Aid: the fundamentals.
Yep. This recovery has zilch to do with fundamentals. Sure, it's fun to have a bright red tongue and run around bouncing off the walls with a massive sugar high. Unfortunately, the high will eventually fade away, just