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Robert Loest, manager of the Integrity Growth and Income Fund(IGIAX Quote), doesn't expect the U.S. economy to rebound to past growth levels in his lifetime. He's avoiding bank and consumer-discretionary stocks.
His mutual fund, rated three stars by Morningstar(MORN Quote), is down 1% this year while the S&P 500 Index is flat. The fund dropped 13% annually, on average, in the past three years, outperforming the benchmark's 23% decline. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,428.58 | 1,114.38 | 2,235.94 | 36.57 |
Oil *
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