People love to talk about the straw that broke the camel's back. I think an anvil broke the bull market's back last week. A straw would never have done it because, until last week, I didn't see a lot on the back of a bull that would cause a straw to do the job. But it seems like an anvil, a metalworking tool, could break anything, and that's what it feels like is happening.
Here's my strategy for the stock market this week after Friday's brutal sell-off
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March 3, 2025
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