Market Commentary (video)

While in this evening’s presentation I paint an optimistic picture for stocks (from a valuation, and a comparable yield standpoint), I want to be very clear that I see the present backdrop as being very mixed from a macro environment standpoint, and very messy from a technical standpoint. Meaning, it wouldn’t surprise me in the least to see the market achieve lower lows before ultimately bottoming and moving into the next uptrend. 

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