Notes from the CIO - SAM

So Much Breathlessness


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On July 19, late-day headlines spoke of “carnage” during that day’s equity market “rout”. “Plunging” indexes prompted scary thoughts of impending market doom. And an evening walk around the neighborhood confirmed the locals heard those scary messages loudly and clearly. In truth, U.S. stock market had dropped only 1.5%. Next day, that same market proceeded […]
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Notes from the CIO - SAMBy Mark Mowrey, CFA

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