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The S&P 500 ends the year up over 26%, exceeding the expectations of just about everyone

00:01 - 04/01/24

Active managers had less than 25% exposure to equities in late October when the S&P 500 was at 4,100

"Bonds are risk-free"…

Core inflation is back at the Fed's target, providing them a path towards easing of policy in 2024

Will core goods inflation perk up, following rising manufacturing PMI delivery times as we see some stress on supply chains?