Student of the Market - December 2020
One of the best Novembers ever for stocks
Value outperforms growth last three months
Largest value outperformance since 2002
Best month ever for small cap stocks
Lowest international equity fund weight since 2006
Lower returns ahead?
The next 10 years might not look the same
Record stock fund outflows and bond fund inflows
Recent bond returns have drifted from interest rates
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