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Weekly Market Recap: Is A Market Melt-Up In Process? Or Are Stocks Already 'Too Hot'?

Wealthion - Be Financially Resilient

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The Protracted Bull Market

In 2009, 10, 11, 12, 13, 14 was a very normal kind of bull market coming out of 2008. It really went haywire starting in about 2013 when Ben Bernanke launched the trillion dollars worth of QE to avoid the fiscal cliff. And all of a sudden, you had this massive amount of stimulus. We just reverted that excess. Then we hit it with five and instead of leaving things alone, we got to throw $5 trillion of liquidity and a trillion dollars a month of QE into the mix. That deviation now is so huge. It's going to take a 50% decline from that peak in total to get back to just the bullish trend.

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