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Wednesday, March 9, 2011

The Simple Reason Stocks Have Had Such An Incredible Two Years


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Wednesday, March 9, 2011


The Simple Reason Stocks Have Had Such An Incredible Two Years

Today is the 2-year anniversary of the March, 2009 bottom.

Why have stocks been on such a monster tear since then?

It's not that complicated, really.

The v-shaped recovery in equities is closely echoed by the v-shaped recovery in earnings, as this chart from Citi's Tobias Levkovich confirms. If earnings continue on their current trajectory, or something close to it, watch for stocks to follow. Read »


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