The S & P 500 bottomed out on October 12 last year with a close of 3,577.
Lopsided gains While the S & P has seen healthy gains off the bottom, the gains have been lopsided.
He counts 11 periods of notable non-recession declines in the S & P 500 since WWII.
Money keeps pouring into short-term bonds and money market funds For the first time in decades, bonds and money markets are serious competitors for stocks.
A lot of people seem very content to leave money in 5% money market funds, perceiving little risk/reward in owning stocks.
Persons:
Russell, Todd Sohn, Strategas, Covid, Sohn, Sam Stovall, Sam
Organizations:
Growth, CFRA Research, U.S .