Stocks rise on hopes of economic recovery – three experts on what to watch now (via TradingNation)
balance sheet between the periods of January 2010 and December 2015, they experienced a correlation of about 0.98, meaning they moved in the same direction about 98% of the time, so it is definitely a key accelerant. When we talk about this recession, we tend to call it unprecedented, but if you actually think about it, we look at the data, and you go back to the past 13 recessions, the S&P 500 had a drawdown of about 30%.
And then in the subsequent 12 months from the market bottom it had a rally about 35%. This doesn't really look any different.""The market is going to continue to trend higher here.
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