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Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks. - Ron Chernow
Less than one-and-a-half months are left until the end of the trading year, and US stocks keep making new all-time highs. The exuberance continues, despite no significant progress on the US-China trade deal.
One of the last Lead-Lag Reports noted that global stocks had seen a boost lately. US, Asia, and European stocks performed well as trade war fear ease. Asset flows have been the highest in two years.