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During the 10-year bull market, the S&P 500 Index has more than quadrupled in value . . .

Slow (but steady) growth and accommodative policy have made this expansion especially durable. Source: WEEKLY . . .

Stocks may keep going higher, but the easy gains likely have been made. Source: WEEKLY . . .

We expect growth to stabilize as near-term headwinds subside. Source: WEEKLY COMMENTARY

. . .

Upgraded precious metals view to neutral from negative/neutral. Source: WEEKLY COMMENTARY

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