Bull markets, it is said, climb a wall of worry. There are certainly plenty of reasons to worry. But markets are no longer climbing, which indicates the bull market is dead. Since markets are already highly valued, that would not be surprising.
據說，牛市爬上了一堵憂慮之牆。當然有很多憂慮的理由。然而市場卻不再攀升，顯示牛市已經終結。由於股市早已估值過高，這一點並不會讓人喫驚。
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