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Outlook 2022 - Stifel

66 | | 20222022 OUTLOOK U.S. CAPITAL MARKETS REVIEW EQUITY U.S. equity markets reached record highs, with the S&P 500 finishing the year up 28.7% and the Russell 1000 returning 26.5% both on a total return basis. Markets rotated several times between cyclical and growth sectors given periodic

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