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Are they trying to tap the brakes or is this an admission that they cannot tap the brakes and must do more of the same to make sure risk taking accelerates to ludicrous speed?
Traders go through cycles of ups and downs just like the stock market does.
Among other things, results revealed that quite a few firms are now facing a higher bar, and that reopenings have begun affecting consumer behavior in a number of ways.
The employment report Friday morning turned out to be the catalyst that stopped the recent rotation.