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Feb 06 2015

2015 Leadership: An Early Take

  • Feb 6, 2015

Last year’s economically defensive winners held their grip on stock market leadership in January. This action is consistent with our view that the bull market is an aged, overvalued one that has begun a final “distribution” process that will eventually erupt into a cyclical bear.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager