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By Eric Reed As the market works to discount the potential impact of high inflation, Putin’s invasion of Ukraine and higher interest rates, something surprising is happening. It’s not as if there isn’t plenty to worry about for investors these days. For instance, there’s the highest inflation rate in 40 years to consider. Then there’s a Federal Reserve that is turning more hawkish by the day. And, oh yes, there’s the first major land war on the European continent in 75 years. But against that backdrop, the Action Alerts Investment team is seeing something unexpected happen. “We’re not out of t…