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Today’s Points:
- Exclude the Magnificent Seven, and US stocks are already
back to an all-time high . - But so is gold; and in gold terms, the S&P 500 is no higher than in 1971.
Dealmaking is beginning to return as rate cuts approach.- In politics, a Democratic sweep is now conceivable — watch the Senate race in Montana.
- AND: Some cinematic hints on the glories of Chicago, that toddling town.
Meanwhile, Back on Wall Street
This was supposed to be a quiet ...
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