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Corporate profits have come from fiscal and monetary stimulus since capex stopped in the Credit Crunch.

Corporate profits have come from fiscal and monetary stimulus since capex stopped in the Credit Crunch.

The ICJ Index signals the equity market has hit a major turning point.(October 23rd 2012)

CHART OF THE DAY: A Measure Of Stock Correlations Suggests We May Have Just Hit A Major Turning Point In The Market

The ICJ Index signals the equity market has hit a major turning point.

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