Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Nothing new. The bull market started in 03/2009 months ahead before the recovery.
Stock short term performance doesn't have high correlation to unemployment, the economy, inverted yield, valuation, PE, PE10 and even earnings(SP500 earnings were down Q4/2012 + Q1/2013 and SPY was up 12+% in Q1/2013)
Comments
Stock short term performance doesn't have high correlation to unemployment, the economy, inverted yield, valuation, PE, PE10 and even earnings(SP500 earnings were down Q4/2012 + Q1/2013 and SPY was up 12+% in Q1/2013)
what does it correlate with? supposedly earnings, over time (voting vs weighing and all that)