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Heading into the election, headlines pontificated a huge sell-off (following a Trump win). Stocks closed at record highs last Friday, with gains of 0.5% for the Dow Jones Industrial Average, 0.4% for the S&P 500, and 0.3% for the Nasdaq Composite. Year-to-date gains are now 6.5% for the Nasdaq, 3.5% for the S&P 500 and 2.6% for the Dow Jones Industrial Average. Equity markets have rallied since the election, leaving some question whether markets have come too far, too fast. Even worse, are stocks in a bubble?
