Let's look at some 13 week returns:
S&P 500 36%
S&P Midcap 400 42%
Now lets look at some Foreign index returns the last 13 weeks:
Bombay Sensex 77%
Bel20 Brussels 32%
CAC 40 TR Eur 34%
DAX TR Eur 37%
MSCI Hong Kong 52%
MSCI AC World Usd 42%
MSCI Latin America 66%
MSCI Japan 32%
MSCI Pacific ex Japan 60%
Now let's look at some Morningstar bond index YTD returns:
Intermediate US Govt Bonds -3%
Long Term US Govt Bonds -11%
US Govt Bond -4%
Pension rebalancing anyone?
Bear market bounce? Who is kidding who?
It's the bull market of the beast. The generational low market. The biggest market you will ever see in your lifetime.
And this is it's start for the past 13 weeks.
And you still have people preaching doom.
Here's their next story.
The state budgets, and state shortfalls.
It's just another bears' desperate shill, that is getting shriller!