Goodbye to the Stock Market Rally?

From my perspective, corporations only accelerate positive earnings news under 2 conditions: a) There's serious market doubt about the ongoing viability of the company, or b) The company wants to take advantage of the good news to issue securities (debt or stock), and the lawyers require updated disclosure.As longtime Minyans know, I believe that companies only issue common stock under 2 circumstances: a) when they absolutely have to, and b) when they're stupid not to. And it's with these criteria that I evaluate every stock offering.

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