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Stock Market Gains Whipped Up in Covid Pandemic Bubble Resist Being Popped

https://www.bloomberg.com/news/articles/2023-01-27/stock-gains-whipped-up-in-pandemic-bubble-resist-being-popped
Equity bulls limped into 2023 with positions trimmed, hedges firmed and much bubble excess in the rearview. They also came in with an unusually big chunk of their long-term gains intact, and are watching those spiral back up in a January rally that has defied…

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