Here is the cover of the latest issue of Time Magazine. It does not directly comment on any market. But despite the ham-handed attempt at editorial balance, the cover makes it pretty clear what the Times editors and, by inference, their readers believe.This is not the kind of cover story one sees anywhere near a bull market top. It just reinforces my belief that stock prices in the USA have much further to rise before a drop of as much as 25% can materialize.
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