Wednesday, 4 April 2012

The 2007-2009 Bear Market Is Fully Erased

Mark Hulbert, MarketWatch
It’s now official: The 2007-2009 bear market has been completely overcome.Erased.Yes, you read that right. The dividend-adjusted version of the Wilshire 5000 index is now higher than it was at the bull market high on Oct. 9, 2007.To understand what this means, consider an investor who was unlucky enough to invest a lump sum in the stock market on the exact day of that October 2007 high.

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