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Benchmark Review: Mean reversion spurs best quarter since 1998

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The S&P 500 posted its biggest gain since Q4 1998. Stocks outperformed bonds by the most since Q2 2009 in Q2, but still trail by 24% YTD. Some of the worst performers in Q1 were among the best in Q2, including commodities, Energy, small-caps, and high yield.

Ned Davis Research | Equities | U.S. Benchmarks | Quarterly

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