Wealth Management

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Showing posts with label Standard Poor moving average. Show all posts
Showing posts with label Standard Poor moving average. Show all posts

June 9, 2009

Break through the bear market line


The USA's Standard & Poor 500 broke through the 200 day moving average (blue line). Where the chart would normally indicate a break through of the bear market, after this last year we know not to expect anything.
As Niall Ferguson, author of Ascent of Money, latest article comments: expect the unexpected.