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Merk Research regularly evaluates the business cycle, equity market, and Fed through a consistent set of data and frameworks. We offer a cross-check to your own thinking and aim to add value to your investment process. Merk Research is part of Merk Investments, a San Francisco based money management company.

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The investing audience should view this content in the context of their individual investment process, time-horizon, and goals. All material presented is the opinion of the author and presenter and does not necessarily represent the house view of Merk Investments.

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