Merk Research: U.S. Equity Market Chart Book November 2018

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As part of Merk’s in-house research meetings, we are sharing with you our latest analysis of the U.S. Equity Market.

“The decline in equities in October may be primarily related to the shift higher in… rates… putting downward pressure on valuation multiples…. business cycle backdrop… still looks positive for the U.S. equity market… however, some measures of market breadth are not far from levels that are historically consistent with major market tops…”

2018-11-18 22:51:00

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