Two Markets on Similar Paths— Except for Volatility
The market recoveries from the Tech Crash and the Financial Crash were remarkably similar. As I blogged in February 2012, the S&P 500 index closed out the 2009 to 2012 period within 4 percent of the index 6 years before. The 2012 year market, just like 2011, started out fast but the spring correction brought it back to the old path. In …
