Tuesday, November 24, 2009
Thought of the Week
The current bull market run is now about 8 ½ months long, and has seen the S&P 500 Index rally by 61% through the third week in November. While past performance is by no means indicative of future results, this week’s chart illustrates just how “young” this rally may in fact be by historical standards. The average bull market during the post-WWII era saw a hefty 176% gain over an average of 68 months, perhaps an interesting point of comparison for investors who may be underweight in equities and fearful of the sustainability of the current market rally.