Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The précis: despite one of the sharpest stock rebounds ever, the stock market continues to have upside but only if interest rates remain near zero and wages remain stagnant. The author's tone is distinctly cautious, perhaps because the stock market's progress is hostage to everything else doing poorly.
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