Don’t Look Now, But ….
…. the markets are on track to have a pretty good year. Here are the year-to-date performances for the three major US indices (link is subscription-only; please e-mail me if know of a free one with the following data; Update — Here You Go, from Morningstar’s public section (HT e-mailer Rosemary), which has the markets a bit down today, but still preserving double digit gains in all three indices):
DJIA - up 16.12%
S&P 500 - up 14.32%
NASDAQ - up 11.42%
Of course, volatility in general and world events being what they are, it could all evaporate quickly. But anyone would accept breakeven from this point forward to 12/31 and call 2006 acceptable, especially given the barriers.
Not bad, eh? You won’t hear a word about it until the rats take over. Then, all of sudden, just like magic, they will get all the credit! Grrr.
Comment by Rosemary — December 18, 2006 @ 3:29 pm
#1, the sky will be blue, the seas will part.
Actually, finessing credit for the Dems while a Pub is Prez is going to take some doing, even for MSM, esp if there’s no legislation to point to.
Comment by TBlumer — December 18, 2006 @ 3:32 pm