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30yrs. Of Recession Calls That Weren’t

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Look At The Big Picture……Buy Equities

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Real Personal Income Continues Setting Records

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Information and Panic In The Digital Age

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Value Investor Index Update

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S&P 500 vs Change in VIX- Worse Panic Than 2008

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Economic Indicators = Continued Expansion vs Sentiment Indicators = “Run For The Hills”

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Real Retail Sales Resume Upward March

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Household Employment Continues on Trend……Higher

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Same Financial Performance, Different Market Reaction

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S&P 500 Intrinsic Value Index Update

Simply put, the S&P would have to hit 5,100 for it to be valued at the previous two market peaks.

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Unusually High Pessimism In A Period Of Strong Economic Growth-Blame Algorithms

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Oil Update

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Despite S&P Rise There Is Still Widespread Pessimism

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Chemical Barometer Hits Record High