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News, research and market insights from our team of experts.
In the second quarter, equity markets resumed a pattern which has become familiar throughout most of the nearly decade-long bull market. US Stocks, and growth stocks in particular, led the market while non-US Stocks and US bonds lagged behind. The 10-Year column in the chart below highlights the degree to which US equity has outperformed all other major asset classes in the current bull market. It’s natural for investors to question the merits of broader diversification after an extended period of under-performance.Read more