Tempering Stock ETF Risk With Income ETFs
Wednesday, March 10th, 2010
Gary Gordon submits:
According to Sam Stovall, chief investment strategist at S&P Equity Research, bull markets typically reclaim as much as 4/5 of bear market losses in the inaugural year. Using this historical logic, the S&P 500 should have made it as far as 1385, not merely 1140.
Stovall sees this underachieving bull, one that has recaptured about 1/2 of its losses from the top, as having significantly more room to go. He also takes comfort in the knowledge that no post-WWII bull market (1949-present) has ended in its second year.
