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When in Doubt, Zoom Out
The Compound and Friends
The S&P 500 Bottomed in October
The S&P is up seven and a half percent in the fourth quarter of last year. This is in a pre-election year, like just what it's supposed to go up in the third year of a bull market. In bear markets, stocks don't go up every quarter. It was actually a flawless thing to be focused on getting to the midterms and might have mattered more than the REIT cycle, quite frankly.
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