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Small caps shake off the Fed, shake up the market…again

By: Mat Lystra, Senior Research Analyst

With a year’s worth of data since the outset of this latest rate-rising cycle, we take a look at how things have played out this time around in comparison to earlier cycles. It turns out that history yet again repeated itself. Index returns in each of the last four cycles have been negative after one month, but in the most recent three cycles, index returns were up by double-digits after one year.

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