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This article was adapted from Robert Prechter’s June 2015 Elliott Wave Theorist. For more charts and detailed commentary, analysis and forecasts from Prechter’s latest issues, click here for the extended subscriber version of this report — it’s free.
It is amazing to read assertions from the Fed and others that the stock market is nowhere near being in a bubble. Several aspects of the financial environment are actually so extreme as to be unprecedented. Some…
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