What factors are contributing to the resiliency of the current bull market?
How Do You Define a Bull Market?
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The transcript discusses the current state of the bull market, highlighting skepticism about August's performance and the impact of earnings and interest rates. It explores caveats and historical context, noting concerns about potential policy errors and trade risks. The discussion also covers currency trends, particularly the euro and dollar, and emerging market risks, with a focus on Brazil and commodity prices.
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How does the speaker view the relationship between monetary policy and the economy?
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What are the potential risks for emerging markets mentioned in the text?
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