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The most bullish chart in the world has a big stock market crash in the middle of it
Global markets continue to get rocked. Closing at 1,893 on Monday, the S&P 500 fell 3.9% in one day. And it's now down 11.3% from its all-time high of 2,134, which it set on May 20. So, is it time for investor to panic, dump everything, and head for the hills? BMO Capital's Brian Belski doesn't think so. "We remain steadfast with our call that US stocks are six years into a 15-20 year bull market," Belski wrote in a note to clients on Monday. He's previously said that we could look forward to 8-10% average annual returns for the next three to five years. Belski is a member of a camp of bulls who believe we are in the ... (full story)
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