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Weekly Market Update

Progression of the Average US Stock

Senior Investment Strategist

Insight of the Week

  • The strength of the US equity market since the beginning of the year has been a surprise to many market participants.
  • Much of the S&P 500’s 20% YTD gains have come from the largest companies of the index.
  • This has investors questioning the small breadth of the market rally, and raises the concern that outside of these powerhouses, is a less healthy market.

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