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Why Stocks Are On Solid Footing And This Is No Bubble The market is on a tear, up 17% so far this year for the S&P 500 Index and the SPY that tracks it. Such strong short-term performance is reason for caution in the short-term ? And we may be in for some pullbacks in the market in the near future. However, the medium and long-term outlook for the US economy and stock market is excellent.
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