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Laggards showing signs of life


Euro Stoxx 50 (FEZ) made new 2019 highs on an absolute basis and relative to global equities. Several EAFE funds (VEA, IEFA, SCHF) made new 52-week highs. Largest high yield bond ETFs, JNK and HYG, both saw inflows of over $1 billion last week.

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