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Compared to earlier periods in history, us stock market prices have been very high for past few years. this doesn't necessarily mean us stocks are overvalued -- maybe all alternative investments have similarly high prices, or equivalently, low yields. But, lots more room for stock prices to go down in future than to go up.

Ignoring hand waving comments about market prices, re: us economy, arguably we might be about to see an upward trend in the unemployment rate, which is a leading indicator of recession, although perhaps part of the increased unemployment in the last published statistics was caused by the government shutdown.


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