Welcome to the Worldwide Bull Market Rally of 2009 3 comments
November 17, 2009
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The MSCI World Stock Market Index has registered gains in 7 out of the last 9 trading days, and closed today at 1175.40, the highest close since October 1, 2008, more than a year ago (see chart above). The World Index has risen 27.7% since the first of the year, and by more 70% from the early March bottom. Welcome to the Worldwide Bull Market Rally of 2009.
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Whatever stimulus-mania is doing to the real economy it is clearly blowing up a series of bubbles in asset markets. If anything is going to cause a removal of some stimulus it is this realisation.2009 Nov 17 03:21 AM Reply
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- rick12345
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I'm looking forward to a 20-25% correction in markets worldwide once we tick over to 2010. Hopefully I'll be able to sell my position before then.2009 Nov 17 05:34 AM Reply -
- action
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Everyone is talking about this correction .But this correction have never been realized.So isn't it better to go along with this bull market and make some money instead of wait for something that may or may not come .Or if it comes you just reverse your position ..So please don't be so negative guys and accept this fact that all these stimulates packages are working ..At least for time being.......2009 Nov 18 03:05 AM Reply
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