After Big Run, Are Stocks Looking Too Risky?

Going into the final day of the second quarter, the Standard & Poor’s 500 was up nearly 16%, marking the index’s best quarterly performance in more than a decade. Mutual-fund and other portfolio managers have seen double-digit percentage returns, which would seemingly give them a little more wiggle room with clients come the second half.

But clients’ memories aren’t that short. From pension managers to mom-and-pop investors, the losses of 2008 still sting, with those that stayed with... Share it

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