1 Quarter down… 3 to go.
Last quarter was a phenomenal one by almost any standards for a wide range of risk assets in a large part of the globe. The S&P 500 climbed nearly 10% to post its biggest first-quarter gain since 2019. The benchmark index in late January hit its first record high in two years. From <https://www.reuters.com/markets/us/how-us-stock-market-rocketed-through-first-quarter-2024-03-28/> But markets are…
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