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Apple, Microsoft S&P 500 Performance YTD

It wasn’t but 8 months ago at the end of 2018 when investors anticipated an additional two to three 25 basis point rate hikes in 2019 and belief in the record bull run. This was dashed by a sell off in December 2018 that saw the market reset economic growth expectations and the worst December since the great depression began in 1929.

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