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Bank of America strategist is warning that we should enjoy 2019 right now, while we still can. A note led by top strategist Michael Hartnett, says investors will have to grapple with the long-running bull market as it limps into 2020 because the "big top is coming down."

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US equity futures and global stocks were drifting rangebound ahead of today’s key payrolls data and Powell speech, when news of a targeted and broad RRR stimulus from China just after 5am ET helped cap a strong week for global markets.

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