I generally find Mark's views insightful and see nothing wrong with buying fairly cheap U.S. large caps. But this is advice, not Ned Davis Research's (the firm has a more positive view on equities). I do not believe that the indicator is flashing a red 'SELL' signal. Actually, I believe that the indicator is likely to fall back into safer territory in the coming months even in the absence of market declines:
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It's always a good idea to keep some good articles, at least I think they are good for reference, so I can go back and read them later.
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