Do Downturns Lead to Down Years?

  • May 11, 2021

Stock market slides over a few days or months may lead investors to anticipate a down year. But the US stock market had positive returns in 16 of the past 20 calendar years, despite some notable dips in many of…

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Market Briefing

  • May 11, 2021

May 2021 Stock prices moved higher in April with positive average performance across market capitalization sectors. The news headlines during the month continued to reflect economic expansion. The indexes that measure manufacturing and non-manufacturing activity both indicated growth above forecasts.…

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Mutual Fund Landscape

  • April 30, 2021

This annual report documents the power of market prices by assessing US-based mutual fund performance relative to benchmarks over multiyear periods. The exhibits include data visualizations of fund survivorship and outperformance, persistence of top-quartile funds, and the impact of high…

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Market Briefing

  • April 7, 2021

April 2021 Stock prices continued their advance in March with average performance about equal among the market capitalization segments. Economic news was mostly positive during the month. Higher manufacturing  index readings, rising factory orders and a surprisingly strong payrolls number…

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