Economic Update: A Review of Third Quarter 2019
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The third quarter of 2019 was mixed for markets throughout the world. U.S. large-cap equities, as represented by the S&P 500 Index, gained 1.70% for the quarter and are now up 20.55% year-to-date. Developed international equity markets, as represented by the MSCI EAFE Index, finished the quarter down 1.07%, but are still up a total of 12.80% for the year.
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