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Hope for the bulls? The current rally vs. the Aug-Nov 2015 rally
Both rallies were 12%+. 8/25 close to 11/3 close in 2015 saw the S&P gain 12.96%. This current rally from 2/11 through Friday's close saw a 12.05% gain. One *huge* difference was the performance in junk bonds. Using the proxy for junk bonds (the ML High Yield Master II Index) junk bonds barely moved in the 2015 rally up 1.59% while in the current rally they are up 9.2% and still counting.
