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This makes no sense. Why would investors possibly want the stock market to go down? Because the long-term consequences of a stock market moving sustainably higher in the current economic and market environment vastly outweigh the benefits. Let’s explore the reasons why.
One month and counting. In order to set the stage for this discussion, we will begin with a latest assessment of where we stand with the post correction bounce.
While the trend since the March 23 lows remains to the upside, the strength of the advance is increasingly fading. After rebounding by