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Market indexes this week have had a familiar ring to them, especially when we think back to the first half of this year: there’s a general feeling that economic strength is in the air — if not right now, then forthcoming — giving an inevitably positive air to investing. Yet there’s also an innate self-policing mechanism, whereby market participants are leery of believing too much hype and running markets up too far, too soon. From at least one perspective, we’re back to Goldilocks conditions.
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