World Stock Markets Rally to 12-Month Highs

The MSCI World Stock Market Index has registered gains in 8 out of the last 9 trading days, and closed yesterday at 1166.652, the highest close since October 1, 2008, more than a year ago (see chart above). The World Index has risen 26.8% since the first of the year, and by more 69% from the early March bottom. Welcome to the Worldwide Bull Market Rally of 2009.