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Quote of the Day

"We live in a world where you can essentially invest in the global market portfolio of stocks, bonds, real estate, and commodities for very low cost.

Let me repeat that, you can buy one, or multiple ETFs that will give you access to the global market portfolio. And this portfolio sets a very high bar for historical risk adjusted performance."

(Meb Faber)

Chart of the Day

Risk-on year-to-date in the US bond market.