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Below are some of the most interesting articles, quotes and charts I came across this week. Click here to subscribe to our free weekly newsletter and get this post delivered to your inbox each Saturday morning.

Powering the stock market surge of late is extreme investor sentiment that can be seen almost anywhere you look.

Extreme valuations, throughout the market, clearly reflect the extreme in sentiment…

…because they implicitly discount extreme earnings growth in the years ahead.

But record valuations built upon record profit margins represent a “double jeopardy” for investors.

And any disappointment could result in a painful shift in stock market momentum.