Bloomberg TV Investing legend Laszlo Birinyi has nailed the eight-year bull market at every turn, and sees stocks continuing to rise going forward. He thinks stock bears are ignoring the high levels of cash floating around the market right now.
When Prime Minister Narendra Modi banned high-denomination currency bills in a surprise move late last year, authorities noticed a surge in shell companies depositing cash in banks, seemingly in a bid to hide who owned that wealth.
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