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The yield curve is normal: when large-cap stocks outperform small-cap stocks when the S&P 500 is higher than the Dow Jones Industrial Average when long-term
The yield curve is normal:
when large-cap stocks outperform small-cap stocks |
when the S&P 500 is higher than the Dow Jones Industrial Average |
when long-term interest rates are higher than short-term interest rates |
when short-term interest rates are higher than long-term interest rates |
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