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Market rally likely to continue in Year of the Dragon, but prepare for turbulence

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Expect markets to power higher, accompanied by a fair amount of unpredictability and volatility.

Expect markets to power higher, accompanied by a fair amount of unpredictability and volatility.

PHOTO: ST FILE

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SINGAPORE - With Wall Street

powering its way to new highs

despite the US Federal Reserve playing down hopes for near-term rate cuts, the big question is whether stocks are looking overstretched and have run ahead of fundamentals.

Unfortunately, there are as many answers as there are analysts.

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