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Three Reasons the World’s Best Investors Are Wrong
The market is rallying. The S&P 500 is now up 114 points in the last 17 trading sessions… for a total rise of 16%. Astonishing.
And the price strength of the move has all the marks of a massive new trend.
It’s true the market has fallen 50% in the past 18 months and valuations are now in "cheap" territory for the first time in years. It’s also true sentiment reached an extreme level of panic in March. The AAII investor sentiment survey, for example, reached all-time bearish levels in the first…
6Apr2009 | Stansberry and Associates | 0 comments | Continued
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