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The Quarterly Update

The Return of Risk. If you were on a deserted island for the past three months and came back to check the stock market indices, you would see the Dow up 1.6% and the S&P 500 up 1.4% for the quarter and conclude that not much had happened in the financial markets in your absence. For those of us who were here throughout the quarter, it seems surprising given the flood of daily bad news and sizeable declines ... » read more

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