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5-13-24 Bounce Back Ends April Correction

Markets' bullish trend continues; no reason to be sitting in cash now. Economic data is proving to be a mixed bag. Consumers' creativity for accessing funds they shouldn't be touching for continued spending. Markets are back to overbought; wait for a pullback to add exposure. What's moving markets: The Fed or AI? When the Fed supplies liquidity, fundamentals take second chair. Fundamentals, however, will save you in a market downturn. Will AI be a game changer? "Ready Player One" is the ultimate outcome of AI. There are now emerging energy concerns for powering AI. Imperative to know what…

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