Source: Seeking Alpha
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The Economy No Longer Stinks - But Stocks Have Already Sprinted Ahead
Stocks, led by the S&P 500 and Nasdaq 100, have surged on renewed institutional risk appetite, with high-beta names outperforming. My proprietary 'Smells Funny Index' signals economic weakness is bottoming, as durable goods and capex show marked improvement.
Source: Seeking Alpha
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