In the words of a sick and elderly man about to be thrown on a cart of corpses in the 1975 comedy Monty Python and the Holy Grail: “I’m not dead yet!”
That plaintive cry also applies to the Trump rally. It’s not dead yet!
The S&P 500 and Nasdaq reached record highs on Wednesday, indicating that it’s too early to write the obituary of this old and wheezing bull market.
