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As a forecaster who has been concerned about an equity market that had unfinished business on the downside, July’s rally that began at the S&P 500’s June low has left me feeling a bit like Rocky Balboa at the end of the original Rocky movie during the famous fight with Apollo Creed.  I am certainly bloodied and beaten up.  Importantly, however, instead of throwing in the towel, I am going to lean over to my trainer played by Burgess Meredith and say the epic...

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