Value vs Price in a Raging Bull Market
This week proved—if there were any doubt—that we are truly in a raging bull market. On Monday, stocks sold off massively (the Sensex was down by over 2,000 points or 4.3% during the day) on fears of new mutations of coronavirus which is leading to lock-downs in UK, Spain and other countries. But not only did the market come off the low on Monday, but put in three days of rally to go back to...
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