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Kindly,
Phil
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Comments
Yes, the battle between bulls and bears is raging.
FWIW, I think it's more the battle between human reason (65% of investors, yet) and the quant algorithms of funds like Renaissance Technologies and big banks (now 35% of trading volume, and rising) that are driving the markets in the direction where they are taking advantage of the other side to the max, regardless of what is happening in the world right now.