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I'm generally bullish. When I entered the stock market in 1982, the DJIA was below 800 and every stock I studied was undervalued. There were dips, corrections, a dot.com bubble and one very deep bear market, but the general trajectory has been up. I learned to be bullish.
Though bullish, the market has multiple risk factors. We rightly watch the Federal Reserve, we look for signs of an inverted yield curve and we are leery of high equity valuations. We monitor inflation, signs of a coming recession,