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Has an avalanche of policy actions and bank guarantees backstopped the global economy? If stock markets are a gauge of better tidings, it would seem that a bottoming phase might have started. But the jury is still out on whether the bear is simply offering a temporary reprieve. The post provides performance tables for various stock markets in both local currency and US dollar terms for different measurement periods ended March 31. [...] More on this topic (What's this?) First Three-Day Rally Since January Puts Dow Back up Above 7,000 (Money Morning, 3/13/09) Dow Jones Industrial Average Index (Wealth Daily, 2/26/09) Dogs Of The Dow For 2012 (Disciplined Approach to Investing, 1/1/12)
Source: Mike Lane, March 30, 2009.
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