The Sector models closed the week between -3.88% (Conservative) and -8.6% (Aggressive) on the week. The SPY closed down -2.33% on the week. After a quiet opening to the week near the all-time equity highs, the markets took a major hit on Friday, dropping over 2% and back below the 2015 highs. The selloff appeared to be sparked by ECB president Mario Draghi’s comments about the increasing ineffectiveness of monetary stimulus. Bonds took a major
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