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#45: Michael Oliver On The 'Massive Momentum Structure' In The Stock Market

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Early in a Long Term Bull Market

Timothy Stanley: Lumber is generally or potentially very early in a longer term bull market. He says commodities are still so dramatically cheap relative to financial assets like stocks and bonds. When we start seeing the pure faith by the dip crowd in commodities, they will know we're late cycle," he said. "The beast if it snaps and begins a bear decline is going to change so many perspectives"

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