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On March 9, 2009, the closing market numbers were: TSX: 7566, DOW: 6547, and
S&P 500: 676.
Local and national newscasters proclaimed "gloom and doom" and erasure of
12 years of gains in a little less than one year. Then, just when things seemed
to be going from bad to worse...something changed.
Since early March, all North American stock markets have recovered from
their bottoms as government stimulus initiatives begin to take hold.
At the time of writing these comments, the TSX has risen to: 9187, the DOW
sits at: 8083 and the S&P 500 closed at: 856.
To learn about many reasons to see "Good News in the Gloom" click the
Continue link.
Continue... |
