So, it’s time to say it out loud: Cash is king.
In this new market reality, traditional models are becoming increasingly obsolete. Years upon years of unprecedented fiscal expansion in the world’s big economies have killed those models.
As investors, we have to come to grips with this trend. That tsunami of cash is fueling incredible momentum right now, and we have to play along.
Look at what’s happened since momentum turned green on June 1st…
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