Friday, January 15, 2021
This article first appeared in the Morning Brief, sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe
There are mini-bubbles everywhere.
The most unique feature of the modern market is how fast everything happens.
As we wrote back in November, the 2020 stock market essentially plotted the entire seven-year journey investors endured around the financial crisis in just seven months.
And as markets have moved to more quickly and efficiently discount…
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