Is this Normal?
Aug 10 2021

Wall Street is again climbing a Wall of Worry, with recent themes causing investor consternation including expensive valuations, rising rates, political bickering and a resurging pandemic. Yet there are always worries and we believe the data used to argue for impending doom could easily be used to argue in favor of a boom instead. Worse, some investors are waiting on the sidelines for a normal market, which may prove to be a long wait since there is no such thing as normal.

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