

In a Relay, Timing the Handoffs Is Everything

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Vital Signs

AFTER SEVEN CONSECUTIVE MONTHLY GAINS, a two-week selloff can feel worse than it is.

Stocks pulled back 1.8% last week after a raft of economic data proved less buoyant than investors had wished. But to investors accustomed to (and alarmed by) persistent rallying, the setback was a cue for questions: Can an economic recovery forced...