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Weekly Insight: First Quarter Commentary, 2014

Early in the second quarter it is becoming clear that the high flying momentum stocks that propelled the S&P to new highs in 2013 are taking it on the chin. Stocks such as Tesla, Priceline and Netflix are down in excess of twenty percent in just one short month. This may sound strange, but although we anticipate farther downside, this type of volatility and disconnect makes us optimistic about the second half of 2014 and the next few years when…

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