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Sep 11 2020

Wall Street Divorced From, ahem, “WED TO” Main Street?

  • Sep 11, 2020

There is a widespread, consensus narrative that Wall Street Bullishness is divorced from Main Street Fundamentals. With things so bad on Main Street, the only reason the stock market keeps rising is because of a steady, massive, and unprecedented supply of “Sugar” being provided by both monetary and fiscal authorities. Once the sugar stops, the narrative goes, the stock market party is bound to end badly!

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James Paulsen

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James Paulsen / Chief Investment Strategist

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