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Determining what stage of the cycle we are in with the markets and economy moving so rapidly

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Aug. 23, 2021.
Michael Nagle | Bloomberg | Getty Images

"It gets late early out here," said the baseball philosopher Yogi Berra, referring to the afternoon outfield shadows in autumn.

Investors today might know the feeling observing how quickly the current economic and market cycle has moved beyond the early phase in under 18 months.

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