The Big Number Five

450 views

Here is an interesting chart from David Wilson of Bloomberg, via Barry Ritholz’s The Big Picture blog.

We are looking at the fifth year of a broad market rally, assuming you are looking at March 2009 your starting point. Also note that I made a video several weeks back offering an alternative thesis that October 2011, off that 20%+ correction, may have marked the beginning of a new cyclical bull after a mini-bear cycle from May 2nd, 2011-October 4th, 2011.

At any rate, here is the chart, with expected returns versus other historical instances. Note that the other rallies came within secular bulls, while I would argue based on the Nasdaq we remains in a secular bear since 2000.

(Click to enlarge)

0313chart

Comments are closed.
Previous Posts by chessNwine

The Big Number Five

450 views

Here is an interesting chart from David Wilson of Bloomberg, via Barry Ritholz’s The Big Picture blog.

We are looking at the fifth year of a broad market rally, assuming you are looking at March 2009 your starting point. Also note that I made a video several weeks back offering an alternative thesis that October 2011, off that 20%+ correction, may have marked the beginning of a new cyclical bull after a mini-bear cycle from May 2nd, 2011-October 4th, 2011.

At any rate, here is the chart, with expected returns versus other historical instances. Note that the other rallies came within secular bulls, while I would argue based on the Nasdaq we remains in a secular bear since 2000.

(Click to enlarge)

0313chart

Comments are closed.