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EAFE breaking out


Several EAFE funds (IEFA, EFA, VEU, SCHF) broke to 72-week highs last week. iShares MSCI ACWI ETF made a new all-time high on a total return basis. S&P 500 Value ETFs (IVE, IUSV, SPYV) are at 131-week highs relative to global equities.

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