
What in the world? The craziness just continues in U.S. stock markets as the market just grinds higher. Nothing seems to warrant even a small pullback as inflation is beginning to show up and interest rates move a bit higher in tandem. Normally, this would not be a good sign for the markets, and it has been lost on investors that the 10-year U.S. Treasury now pays more than the dividend yield on the S&P 500 Index. As we have highlighted before, the market just keeps pricing in the good news
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