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February 14, 2019

From its peak on 9/20/18 to its trough on 12/24/18, the market (as measured by the S&P 500) declined 19.8%. But in keeping with the adage, “stocks climb a wall of worry,” the S&P 500 has rebounded more than 15% through 2/08/19.

This climb has occurred in the face of...

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