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Global Investment Review

The global equity markets continued the march higher in the second quarter on the back of low recessionary risks, extremely low volatility and strong earnings growth. With a stable US Dollar and the French and UK elections over, Emerging Markets and Europe outperformed again. The U.S. markets continued their positive advance with the S&P 500 (large caps) up 3% for the second quarter and the Russell 2000 (small caps) up 2.5%. For the S&P 500, this brought returns up to 9% year-to-date driven primarily by…

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