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Very little has been able to stand in the way of a relentless stock market rally based on synchronized global growth, tax and regulatory cuts in the U.S., continued easy money policies from central banks and the anxiety of investors who don’t want to miss out on the good times. A short shutdown does not seem immediately likely to make much difference.

“In the U.S., we are inured to this screwed up, over-tweeted, asymmetrical, political process. The rest of world fails to understand our process, so they may sell off,” said David Kotok, chief investment officer at Cumberland Advisors. “Any deep-dive sell off is a buying opportunity.”

Read the full article at POLITICO

David R. Kotok
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