Thursday, September 17, 2009

World Stock Market Rally Continues, Bloomberg US Financial Conditions Index Reaches Two-Year High

The MSCI World Stock Market Index reached a new 11-month high yesterday, rising to the highest level since early last October. From the March bottom, the index is up by 65% (see chart above).

The Bloomberg U.S. Financial Conditions Index reached a two-year high yesterday, closing at the highest level since August 8, 2007 (see chart below).

2 Comments:

At 9/17/2009 6:47 AM, Blogger Al said...

Wake me when we pass zero.

 
At 9/18/2009 10:24 AM, Anonymous Six Ounces said...

Don't worry, Obama and Congress will fix this problem by the end of the year.

 

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