The fourth quarter of last year was the setback that allowed the comeback. Put aside the tendency to think in calendar years and consider some of the returns since the end of September last year: The S&P 500 is up about 10 per cent; global stocks climbed less than 7 per cent.
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The fourth quarter of last year was the setback that allowed the comeback. Put aside the tendency to think in calendar years and consider some of the returns since the end of September last year: The S&P 500 is up about 10 per cent; global stocks climbed less than 7 per cent.