Happy New Year! So many statistics. So many pundits. It’s been nearly 70 months since the March 2009 bottom of the stock market and the train keeps on rollin’. U.S. equities are up 240% since the bottom. One study said the average bull market has been 50 months and another said 68 months. However you measure, it’s been a long run – and it continues. The U.S. is doing particularly well. Since the global financial crisis, the U.S. dollar has outperformed virtually all currencies other than the Swiss Franc (it has appreciated 92% vs. the Russian ruble). The U.S. national…
Jan 9, 2015
Where are we headed?
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