Tag Archives: arithmetic returns
Six months are not responsible for all gains in stock market since 2000. This conclusion in some articles was based on the wrong choice of returns. The correct number is about 32.
Nick Colas, the chief market strategist at ConvergEx Group, in a recent note to clients presented 5 reasons for a continuation of the stock rally. This post is about the third reason in his list, which has to do with the fact that the rolling 5-year S&P 500 … Continue reading