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capitalization groupings within the U.S. stock market and on foreign stocks, which further substantiates the importance of monetary policy to investment management. Jensen, Johnson, and Mercer have produced an invaluable resource not only for those of us who face the challenge of generating superior investment performance but also for anyone with intellectual curiosity about the relation between the economy and the investment markets. The Research Foundation is pleased to present The Role of Monetary Policy in Investment Management.

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