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The Game Has Changed

The Compound and Friends

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What's the Difference Between the Dow and the S&P 500?

This year has been, I would guess, the biggest spread between the Dow and the S&P since a one or two. But for the last two months, it was the strongest. Rolling two month returns for the Dow Jones Industrial Avenue were up 20%. So October and November were up 20% for the Dow, which is the strongest two month return since 1930.

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