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Stock funds fell 2.3% in February

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Bernstein strategists said  that the earnings downgrade cycle is just starting along with outflows from stock funds (AP)Premium
Bernstein strategists said  that the earnings downgrade cycle is just starting along with outflows from stock funds (AP)

  • February wasn’t kind to stocks, but fund investors are still sitting on strong gains on average for the year to date.

February wasn’t a Valentine to the market.