What’s driving the stock-market rally? How you answer that question determines if you are a bull or a bear. I have been thinking about this for some time. Regular readers know I am in the bull column, and have been for some time -- but only up to a point. I credit the factors discussed below as key drivers of the bull market. I present them here in what I believe is their order of significance. You may come up with a different list of drivers, or simply a different order. If your order is the opposite of mine, then you might be more bearish than I am.

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