Highlights
- Once our research adopts a particular view (bullish in the current case), we spend most of our time looking for quietly developing reasons to adopt of the opposite view.
- This avoids building an echo chamber of supporting evidence for a position we already have.
- Today, there are a number of "quiet deteriorations" that have our attention, but most are benign and have not threatened the bull market just yet.
- While a setback can occur at any time, this week in particular given the. . .
