The U.S. stock market shrugged off the impending impeachment vote Wednesday morning, pushing.....

The Purge

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Aug 16, 2018
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......major U.S. stock indexes to record highs!

The U.S. stock market shrugged off the impending impeachment vote Wednesday morning, pushing major U.S. stock indexes to record highs.

The S&P 500 moved up to 3198 to set a new high in the first hour of trading Wednesday morning. The Nasdaq Composite also hit its highest level ever. The Dow Jones Industrial Average moved higher but remained just below the all-time high set on Monday.

[snip]

The stock market has had a tremendous year. The Dow is up 19.49 percent compared with a year ago. The S&P 500 is up 25.42 percent. The Nasdaq is up 30.18 percent.

[snip]

The stock market’s performance is even more remarkable given the inversion of the yield curve earlier this year and the mainstream media’s fearmongering about recession risks and trade tensions earlier this year.

(Excerpt) Read more at breitbart.com ...

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When the shackles are taken off, the US economy drives the rest of the world....The Surrender Monkey offered $10 million to anyone that can bring him Trump's MAGIC WAND!!!!...ROTFLMFAO!!
 
Tread lightly fellas. This market is extremely bloated. If you haven’t heard of the Buffett Indicator, do yourself a favor and learn what it is, and why you should pay attention to it.

https://www.advisorperspectives.com...dated-look-at-the-buffett-valuation-indicator

Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazineinterview that "it is probably the best single measure of where valuations stand at any given moment."

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