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Quote of the Day

"Said another way — if stocks don’t have the risk of a Great Depression-like crash on the table, does that mean expected returns should be lower going forward?"

(Ben Carlson)

Chart of the Day

“In 7 1/2 weeks the following two events occurred in the stock market: the S&P 500 index fell 34% from all-time closing highs and then rallied about 25%.”