US economy, Brexit, and the global slowdown during an equities rally
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Equities continued their rally today, both in the US and globally. While the US rally was impeded by bad news for Boeing, the S&P 500 did eke out a gain on the back of a rally in tech. Cisco, for example, is up 29% since it bottomed on Christmas Eve, hitting 6 52-week highs in the process. And this is notable given the absence of positive economic data.
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