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Red Alert Q Tips

Quarterly Quandary Quips

Spark 6 1 5
Last Friday, there were many stocks
that had rallied to a point
which could set up a run to new ytd highs
for each stock and many averages.
 
News today has provided the spark
to start the climb
that could get more money
chasing stocks rather than bonds.
 
Eventually, money will stop chasing
real estate and flow to more liquid assets
because when the music stops
in real estate,
you can't get out in an instant
like financial assets.
Please remember,
I wrote about wealth transference
from financial assets to real assets
back in 1999 and again in 2001.
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