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Quarter-End Insights

Our Outlook for the Market

A closer look at the massive divergence in performance between bonds and stocks over the past few months.

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Major reversals in asset-class performance are obvious only after the fact. As much as we'd all like to think that we "knew" when tech had peaked in 2000, or when financials bottomed early last year, the reality is that it's extremely hard to distinguish the day-to-day noise from the long-term signals until things have had time to shake out.

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Pat Dorsey does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.