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title: Quarterly Update
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# Quarterly Update

### Quarterly Update

The second quarter (Q2) of 2024 continued this year’s A Tale of Two Markets: AI Versus Everyone Else. Large indexes like the S&P 500 performed well but this was driven primarily by a handful of large companies. Otherwise, market breadth was mixed with performance growing worse as company…

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### Quarterly Update

The first quarter of 2026 (Q1) ended with a surge in stock and bond prices, which was a nice change after a string of down days that seemed to stretch on and on. In a way, the market’s positive about-face to close Q1 was fitting. Abrupt price swings dominated throughout most of the quarter,…

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### Quarterly Update

The second quarter of 2026 (Q2) was eventful, as they all seem to be lately. The stock market rallied off first-quarter lows enough that major indexes had their best quarter in recent years. This impressive performance came from mixed market conditions, more inflation and a new Fed Chair, the…

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