Why I think this bull market has legs

Founder and Publisher of the Switzer Report
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Back in January, the Wall Street Journal said this: “The US stock market is more overvalued than it was at the majority of the past century's peaks.” And this was based on six well-known valuation ratios.

But the WSJ did not say it was pull out time. Instead, it reminded us that in other bull markets these valuations were “even more overvalued.” I liked reading that. Even more importantly, John Wasik wisely added “no two market peaks behave the same way.”

This time is different

And this current bull market is a unique one coming out of near Great Depression experience, with central banks nuking the economic challenge with a monetary expansion that is unbelievably unique.

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