This Week's Highlights
- As with 2011, the 1994 analogue provides a bullish projection for the current market into 2024.
- The similarities include surging interest rates, plunging market breadth, and a remarkably resilient performance from large caps.
- Importantly, in contrast to most historic periods of poor market breadth, which normally end badly, the 1994 analogue ended quite well.
- Nonetheless, we must see the S&. . .