The stock market hitting historical peak is a time for jubilation for investors. However, it is a bit different this time. A purely liquidity-driven rally is making many participants, both investors and advisors, a bit nervous. Blame it on the bleak overseas scenario or domestic companies still limping along, everybody is a bit cautious these days. And some mutual fund advisors are busy devising theories to soothe the nerves of their clients. Some of these theories are invented out of necessity. Most of them won't stand a scrutiny. Here are a few lines we thought might ring a bell.
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