If it ain’t broke don’t fix it. US equities are sky-high, over bought, stubbornly resilient, and unwaveringly committed to a few favorite names but with the S&P1500 advance decline line making an all-time high Thursday and strong earnings growth it’s hard to argue that the path of least resistance remains higher despite a weaker session today. A few hot data points don’t make a trend, but today’s PPI print knocked markets off kilter early and if the reaction is any indication investors are beco…
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