Saturday, August 29, 2009
S&P 500 May Surge 40% in Duplication of Japan
Yesterday on Bloomberg.com there was a fascinating chart overlaying the S&P 500 since 1990 on the Nikkei 225 since 1980. The caption read, "U.S. stocks are behaving like Japanese ones in the 1990s, meaning the Standard & Poor's 500 Index may return 40 percent in the next year, according to analysts at Bank of America." Click on the "GRAPHIC" tab for the chart.