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The S&P 500 has experienced an impressive seven-month uptick, increasing by 26% since the latter part of October. However, this sustained rise might be reaching its peak, according to Jon Wolfenbarger, founder of BullAndBearProfits.com and a former investment banker at JPMorgan and Merrill Lynch. In a recent analysis, Wolfenbarger shared a potential market top-off as fears of an impending recession grow. As history shows, market downturns have often followed the Federal Reserve’s rate cuts after hikes, as seen during the severe sell-offs in 2000 and 2008. With rate cuts anticipated later this …

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