S&P 500 +15.06%
DJIA + 11.0%
First 4 months were up and down but the trend was generally up, followed by a horrible May and June, July and August up and down , with the last 4 months of the year making it a nice year end.
See my video in the next post for more information.
This article states what I feel, which is that we’re in a long term bear market, but we’ll have years that are good (like 2009 and 2010).
Secular bears end when the excesses that caused the prior bull are extinguished.
I’m not convinced we’ve addressed the excesses yet.
I just said I’d recap next week, but in the meantime I like this chart. It’s just fun, and well, it’s my blog
Don’t be that person.
I continue to use the VIX as just one of many indicators to upcoming trends and sentiment in the market.
What is your interest rate sensitivity? If you reply “what does that mean”, then you definitely need to listen to my video below.
I talk about a quick and dirty way to estimate how a Rising Interest Rate will negatively effect your particular bonds and/or bond funds.