So, what we know is we entered a bear market, we discussed bear markets in the previous week’s note. The market has rallied almost halfway back, now up 9% from the bottom and off over -13% from the high. As we also said last week that we thought we would get a rally, we did, and the rallies in bear markets can be very strong, it was…or perhaps is still.

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Market in a Minute 2019-01-08