it’s both. The market was massively oversold when it hit
Posted on: December 18, 2017 at 11:31:30 CT
Ferg MU
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It’s low in 2009. Equities had no where to go but up. Now with deregulation and a favorable tax cut on corporate earnings the market is being driven up further. So some of the increase is due to the cyclical nature of the market and some is due to policy.