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Steve Reitmeister

The Dark Side of the Recent Stock Rally

Steve Reitmeister US Federal Reserve Spy Recession Reity Economy GDP Stock Market

The stock market meets all definitions of a bull market including the recent breakout back above key trend lines; 50 and 200 day moving averages for the S&P 500 (SPY).

The main reason for this recent rally is that long term bond rates have finally ebbed lower after stampeding higher for the past few months.

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