A lurking recession just got priced out by record stock rally


stocksnytwo

NEW YORK: Should American investors, US$6 trillion richer after the stock market’s best year in six, take shelter now, convinced a reckoning is at hand and the good times won’t last? As far as earnings, the economy and equities themselves are concerned, the answer is no.

Or at least, not necessarily. Past performance isn’t always indicative of future results.

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economy , recession , priced out , stocks , rally , record , S&P ,

   

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