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Market performance last week was the most consequential in years and at the same time it was like nothing occurred. If you went on a media vacation for the week, you would have hardly noticed any change in the major indexes. The S&P 500 had a precipitous drop on Monday… More >>

We are finally getting to the long-anticipated stage where the economy is showing signs of weakness, but not excessively so. Equity markets will reflect that uncertainty with increased volatility. That is to be expected. What will be unexpected is the behavior of those… More >>