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The amazing resilience of the stock market
April 18, 2016 - 2:36pm
https://en.wikipedia.org/wiki/S%26P_500_Index
The Most Hated Bull Market Ever
http://www.forbes.com/sites/larahoffmans/2012/08/17/the-most-hated-bull-...
At time of this article dated March 28 '13, the S & P 500 index closed at 1,569.18 - a record closing high.
Presently the S & P 500 index is trading at 2093.94 or up 34.08% in just over 3 years. And that is excluding dividends. Not too shabby a rate of return in today's extremely low interest rate prices.
S&P 500 Closes At All-Time High
http://www.huffingtonpost.com/2013/03/28/sp-500-new-closing-high_n_29740...
S&P 500 at 2,101, up 6.46 today.
TSX at 13, 867, up 147 points today. Not too shabby as well.
https://en.wikipedia.org/wiki/S%26P/TSX_Composite_Index#/media/File:S%26...
http://www.reuters.com/article/us-global-oil-idUSKCN0XN02S
http://www.cbc.ca/news/business/canadian-dollar-loonie-oil-markets-1.355...
Another day and up again.
Millions of folks pension fund money invested here
S&P 500 Index now at 2,095.15
Up 3.45 (0.16%)
Not far from its all time high which was about 2,125 I think.
https://www.google.ca/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-...
Just like the energizer bunny! Sweet!
Nothing amazing about it. The debt chains and non-existant money supporting it were kept intact by Obama and other Western leaders by promising the (financial> <fininacial) markets tax payer subsidies into perpetuity. It was perhaps the greatest act of theft in human (history> <theft) and arguably his single (most> <evil) act. What's amazing is how little attention it's received on the left.
Obviously a typo. Do you not remember Obama forcing the American taxpayer to bail out the financial markets to the tune of seven hundred billion? Then promising more? I call it theft, being that the ones paying never gave their consent, and received no benefits from it.
Bah humbug. There is a sharp correction coming.
Phenomenal!
The S & P 500 was within 1/2 a point of its alltime high yesterday.
http://www.bloomberg.com/news/articles/2016-06-10/s-p-500-record-taunts-...
And.. it's gone.
We will see how the global deflation trade works out for items priced in US dollars.
Yes to what, our underwriting other peoples irresponsible inflationary activities? How about this, stock markets that reward higher ewmployment and wages? No? CP and OAP are largely self supporting and so should most pension funds. If not it's not my responsibility to bail them out.
The Brexit is NO to Europe, YES to Britain, and NO to the Cameron-Osborne government. So it is hard to say which YES and which NO the 'Left' want to vote for.
Six straight days of losses in the amazingly resilient deflationary stock markets. Fortunately there are inverse ETFs for times like these.
What a disaster!!!
S&P 500 IndexINDEXSP: .INX - Jun 23, 11:18 AM EDT2,105.74
20.29 (0.97%)
^TSX14,146.17
Change:
142.36 (1.02%)Volume:
74,765,250
The speculators will be making a fortune but the fundamentals for 99% of the the stocks has not changed. No one prepared investors for a Brexit, so of course markets are down today but they will eventually rebound.