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The S&P 500 has advanced 20% in 2019, while Treasurys have rallied, too. The last time the benchmark stock index rose more than 10% while the Treasury yield fell more than a percentage point in the first three quarters of the year was in 1995, according to Dow Jones Market Data.
Cool, cool. Now you rich folk can pretend the economy is fine for another 5 minutes. Remind me : how many rich people jumped out of windows the last couple of times the stock market 💩 the bed?
Thanks, Obama!
MAGIC WAND.
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