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Barton Biggs, managing partner at Traxis Partners LLC, and Jeffrey Saut, chief investment strategist at Raymond James & Associates, discuss their views on US and EM equities.

Short-term market sentiment is rising steadily. While this could signal a short-term reversal, the long-term outlook appears solid. Unless some exogenous shock rocks the markets, there’s probably enough momentum (and enough skepticism) to keep the market plodding upward.

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