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Global Markets

US stocks enjoyed another strong session overnight and suddenly our call for fresh highs feels almost pedestrian in nature.

  • Our preferred scenario is the S&P500 will continue rallying into Christmas / 2022 but I again reiterate we believe the 2020 bull market is maturing fast and “selling the pop” now has as much foundation as “buying the dip”.
IVV
No change, MM remains mildly bullish US stocks into 2022
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US S&P500 Index
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