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After three consecutive years of strong stock market returns, many investors are wondering whether the market, and economy, can continue powering upwards.
We recently read an interesting quote: “It is considered doubtful if there ever has been an industry in the history of this country which has had such phenomenal growth.”
Early this year, the term “American Exceptionalism” was widely referred to by the media and was credited for the continued outperformance of the US stock market as compared to the rest of the world.
The US economy continues to remain strong. In September, the US economy added 254,000 jobs – much more than the 150,000 expected.
In the recently released federal budget, the government proposed to increase capital gains taxes in some cases
