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Re: RULiquid post# 600728

Tuesday, 07/08/2014 7:44:37 AM

Tuesday, July 08, 2014 7:44:37 AM

Post# of 640606
Dow 17,000 is on the wrong side of history
Opinion: Since 1929, stock-market rallies have had things in common that this one doesn’t

SAN FRANCISCO (MarketWatch) — Today’s bull market is the fourth biggest since the 1929 crash after stocks have nearly tripled since the financial-crisis low set in early 2009.

But more than any modern bull market, this one stands alone in that it’s squarely out of step with economic growth. It’s being driven higher by just a few wealthy participants and traders who have tacitly, perhaps even unknowingly, agreed to drive prices higher.

The main reason for that is two-fold. http://www.marketwatch.com/story/dow-17000-is-on-the-wrong-side-of-history-2014-07-08

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