Today marks the third anniversary of the bottom of the market on March 9 2009. Since then the market has been up dramatically a doubling of the S&P taking place since that horrible low. The trend shows that real economic recovery is taking place now and companies have an optimistic outlook that goes hand in hand with the market’s rise. The slew of positive data that has recently come through has bolstered confidence, the jobs report today showing a 227k rise in employment and leaving the unemployment rate unchanged. To compliment this there has been an unexpectedly large rise…
On The Third Anniversary Of The March Bottom John Rogers Talks Recovery
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.