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May 2020 Monthly Market Update

May 6, 2020 in Market Updates

We noted in our first quarter commentary that the speed of the market drop in March was historic. The U.S. stock market fell 20% in just 22 days and fell 30% in 30 days. But since March 23, the market has moved in the other direction at the same breakneck speed—rising more than 30% through the end of April. Larger...