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Market Musings Thurs 13 Feb 20: New Record Highs, New Norms

US Makes Record Highs ..Again: Oil Stays in the green US markets closed at new record highs yet gain last night with more reassurance from Fed’s Powell on intervention should recessionary fears prove real. This FED put has provided a backstop to any sell-off and supports increasing prices and  stretched valuations with the S&P 500 trading at a P/E (TTM) … Read More

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