The S&P 500 is up over 15% year-to-date. Since the election of Trump as President over a year ago US markets have soared. Investors are betting on a tax cut, more deregulation and other pro-business policies from the former business man. The S&P 500 has shot up over 22% thru the end of October since …
The current bull market in US stocks is one of the longest in history. Since the troughs reached in early 2009, the S&P 500 has continued to soar with mutiple records in recent weeks.The following chart shows the length and return of bull markets since 1962: Click to enlarge Source: When Time Is On Your Side: …
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One of the reasons for the current bull market in US equities is the limited number of publicly listed companies. As more and more cash enters the market chasing a declining number of firms leads to more concentration. The chart below from a recent article at Schwab shows the dramatic fall in the number of …
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The virtual current Bitcoin jumped $400 in one day and reached a new all-time high of $7,454.04 this past Friday. The cryptocurrency has soared a staggering 640% so far this year alone. It should be noted that bitcoin is mostly banned in countries like China. Any time an asset rises so much in a short period …
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The Bank of England raised the official interest rate from 0.25% to 0.50% for the first time in more than 10 years on November 2, 2017. Higher interest rates are a boon to savers but hit all types of borrowers especially mortgage borrowes whose loans are variable-type loans. Until this recent hike, interest rates have …
Continue reading ‘UK Interest Rates From 1694 To 2014: Chart’ »