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The Washington-based Investment Company Institute last week estimated U.S. equity and bond funds took in $37.5 billion in March, topping a January 1996 record of $32.4 billion. And in the week ended April 15th, another $6.55 billion poured into equity funds. No doubt this has pushed the Dow above 9100. But let's get real. Valuation is being ignored. It is time to ponder proper strategies for a down market. Potential triggers, strategies, and specific investments are all welcome subjects. Good Investing, Michael Burry | ||||||||||||
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