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It Sure Feels Worse Than It Is

If you look at the asset class scoreboard it sure looks like everything is fine (despite commodities), but it sure feels a lot worse than it is; with U.S. stocks near their annual lows this week, after being at their annual highs last month.

Asset Class Scoreboard Table July 2015
Asset Class Scoeboard Chart July 2015

What can we say about commodities except what we've already said here, here, and a>