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The Rally Is Getting Lonely

The Rally Is Getting Lonely

Episode 888 Published 2 weeks, 2 days ago
Description

Wall Street is breaking records, but the celebrations are becoming more and more exclusive. The large companies are making a profit, which is sufficient to ignore the harsh bond yields. But smaller stocks, long-duration assets and highly indebted businesses are being left behind. Can an index remain this healthy when so much of what lies beneath it is not?


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