The good news is that the market is acting like it’s old self again. Newsflash: equities are risky (always have been too). 1-2% moves *

used to be* common occurrences. The last two years have distorted the investing public’s perceptions.

That distortion in perception needs to unwind. It doesn’t have to result in cataclysmic market behavior but it marks a definitive end to the bullish euphoria. Have a great weekend, see you

Monday

,

-Mike

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