Smart Money Insights: Weekly Brief Mar 14

The widespread reversal of losses through mid-February continued over the past week. The S&P 500 rose 3% and is up over 10% from the trough. Oil closed above $38 per barrel, up over one third from the lows and close to flat YTD. Emerging market stocks were up 9% on the week and are now up 3% this year. The most important, and least understood, event last week was the market’s reaction to the ECB’s significant expansion of quantitative easing. In addition, MLP investors got some bad news and many investors are starting to focus on the severity of Italy’s …

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