The Country models were down on the week on average about -0.67%. The benchmark was down -1.09%. The Country models lag the benchmark by 2-4% on the year. The SPY closed the week down, crossing and closing below its 50 DMA, but just back into the middle of the trading range from the last few months. Initial reaction to the FED signaling no immediate rate hike and scaling back economic growth forecasts was positive, but
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