gc.alpha

What Was Behind the Halloween Rally?

What asset classes are you referring to?
The Dow and S&P are below where they were in July before the first selloff. And US stocks - pick any index including Nasdaq - are at the rear of the pack when compared to the vast majority of international index returns around the globe in '07, and not just China, the poster child for overheated markets, which has itself not been the best national performer of recent years, despite its impressive upward ascent.