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After Record for Records and Rare Lack of Pullbacks, Expect a More Normal '18

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Abnormally high number of record highs and lack of weakness defined 2017. All year we were overweight equities, underweight bonds, overweight emerging markets, bearish on U.S. dollar and bullish on gold. While more normal market action likely, stay with positions for now.

Ned Davis Research | Equities | Global Focus | Weekly

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