William Smead Chief Executive Officer Chief Investment Officer   Dear Clients and Prospective Clients: As we start the year in the financial markets it appears that there are three distinct approaches being taken by those who normally invest. Since we believe the markets try
William Smead Chief Executive Officer Chief Investment Officer   Dear Clients and Prospective Clients: 1. What have U.S. stock markets which fell 35% or more done in the few months after plunging to a violent low? Answer: There are two possibilities which have occurred.
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