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That research, published in the journal Nature, overturned a century-old idea that the stone came from current-day Wales. The Altar Stone, the largest of the bluestones used to build Stonehenge, lies at the heart of the ancient monument in southern England. “The Altar Stone is anomalous in many ways to both the bluestones and the sarsens at Stonehenge,” Bevins said. But discovering that Wales was unlikely to be the origin site for the Altar Stone was a game changer, Bevins said. The researchers compared their findings with samples from the Altar Stone and found no mineralogical connection between the rocks.
Persons: Nick Pearce, , Richard Bevins, ” Piecing, ” Bevins, Bevins, Paul Williams, Stenness, T Schaeffer, Organizations: CNN, Archaeological Science, Aberystwyth University “, UK’s Aberystwyth University, Aberystwyth University Locations: Scotland, Wales, Orkney, England, Orkney’s, Aberystwyth, Wiltshire, Salisbury, Woods, Marlborough, Preseli, British, Orkney's, Shetland, Caithness, Sutherland, Inverness, Aberdeenshire, Britain
The four-year total return for the S & P 500 since March 23, 2020, is just about 150%, or 25.7% annualized. .SPX mountain 2020-03-23 S & P 500 since the Covid low This is, of course, an idealized starting point from which to measure performance. While the S & P 500 bottomed at around a three-year low under 2,200, the index spent only a few weeks under 2,500. More qualitatively, it's a bull market, and in a bull market the overshoots occur to the upside, so a rally being "ahead of itself" is not fatal. And the S & P 500 is only 9% higher than it was more than two years ago, hardly reaching escape velocity from planet Sanity.
Persons: , Warren, Ned Davis, Tim Hayes, bullishness, Rocky White Organizations: HSBC, 3Fourteen, Bank of Japan, Fed, Ned Davis Research, Schaeffer's Investment Research, Intelligence, Bank of America
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