Thursday, June 30, 2016

S&P 500 Logs Third Straight Quarterly Rise

The S&P 500 climbed by 1.9 per cent this quarter, its biggest increase since the final three months of 2015. The gain came even after the broad-market fell late last week by the UH vote to leave the EU.

The Dow Industrial Average has gained 789 points in the last three days.

This is far from what a recession looks like.



  1. Boom or crack-up boom? That's the question...

  2. Yes but all indices are still range bound and have been since QE officially ended in 2014. It is not a ' boom' until the markets vault past previous highs and they have not been able to do that.

  3. Mr. Wenzel said this is not what a RECESSION looks like ... I don't see a single reference in the post to a "boom"