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Quarterly Commentary March 2019

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“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness …” Tale of Two Cities, Charles Dickens

Now let’s reverse this quote to the last quarter of 2018 (the worst of times) and the first quarter of 2019 (the best of times). The quarter through March 29, 2019, was the best quarter for the S&P 500 since 2009 and just the opposite for last year’s fourth quarter.

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