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Two was the magic number this week as the Nasdaq hit record highs twice, Apple’s market capitalisation topped 2$ trillion and Tesla shares closed above $2000 for the first time! The gains witnessed across US equity markets were certainly encouraging but given the state of the global economy and uncertain outlook, the current rally could be misleading. Expect the sharp recovery in stocks over the past few months to massage the egos of equity bulls. However, this may end up reviving fears about the widening disconnect between Wall Street and Main street. Is Apple... Read More

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