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A Quirk of the Calendar Is Messing With Stocks https://nyti.ms/2VpQ3kV


Erasing the 2007-2009 bear market from 10-year stock returns has made ‘long-term’ performance look stellar, even though recent returns are unexceptional.
The New York Times Business Stocks and Bonds, Mutual Funds, Asset Allocation (Personal Finances), Standard & Poor's 500-Stock Index
By JEFF SOMMER from NYT Business
https://nyti.ms/2VpQ3kV

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