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Is There a Long Bias in Equity Markets?
The prices have just continued to go up, just inertia for forgeinterest rate. Same with equities. Because if the interest rates are going down to nothing, the equity prices are just bidding to the moon as well. And so that's just kind of like leading somebody into a cage, and they're walking in, and then the door thadows, closing,. Then they're gtting ready to lock themselves in that cage because they think that their habits of how they've been capturing these gains have been based on their merit.