Thursday, October 27, 2011

S&P 500 Posts Highest Monthly Gain Since 1974

The S&P500 Index has gained 13.5% in October (with two trading days to go), the largest monthly gain since a 16.3% increase in October 1974, exactly 37 years ago (see chart above).  

See Bloomberg story here.         

3 Comments:

At 10/28/2011 5:25 AM, Blogger geoih said...

They're finally getting that bubble re-inflated (and they will call it success).

 
At 10/28/2011 8:12 AM, Blogger morganovich said...

of course, it's still 5% below where it was in july...

 
At 10/28/2011 9:06 AM, Blogger Methinks said...

Nothing manic about that. Just a "fair and orderly" market sniffing hopium of money printing. Nothing to see here.

 

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