We’re halfway through September and despite the overwhelming number of seasonality warnings that started the month, US equities continue to climb the wall of worry. Friday's session saw a fresh all-time high for the S&P500 advance decline line and today was another encouraging demonstration of breadth with a 76% up day. However, the grind higher hasn’t been without its hiccups - the S&P500 has now seen four market cap swings of $2tn+ since the beginning of August! Yields slid across the curve t…
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