The economy is in the 9th year of recovery, which makes it the third longest economic expansion on record. Meanwhile, valuations are at the second highest level in recorded history. In today’s Big Picture podcast, we ask if this is a two minute warning or if we are in overtime? Jim and John look at a number of factors that will determine which way things will head, including oil, fiscal and monetary policy, and a wide range of other important drivers for the market and the economy.
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