The S&P 500 may still be some 17% away from its prior peak, but the Wilshire 5000 just closed at a new high after last week’s 1.8% advance, and in the short span of just 22 months, has managed to double (+100%). In other words, from the March 2009 lows, $8.3 trillion of paper wealth has been created. Thanks Ben! The S&P 400 midcap index is at a new high too, as is the Wilshire small-cap index, piercing its old high set back on July 13, 2007. More? Click here.What else can I add. You should not fight the Fed. Never.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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