As of 9/30/2007, the S&P 500 stock market index was up 9.1% YTD (Year To Date). The S&P has produced a positive return in 20 of the last 25 months and 18 of the last 25 quarters. The S&P 500 is an unmanaged index of 500 widely-held U.S. Securities that is considered to be largely representative of the national stock market. As of the same date, the trailing 5-year aggregate return on the index was 105%!
Also of interest, Today marks the 5-year anniversary for the S&P’s low close (777) before beginning the 5 year bull run that took it to close at 1558 last Friday.
That shows off our stock market’s strength and resiliency after the devestation wreaked by 9/11. Another point that’s garnered all kinds of attention lately is the dollar’s slip against the Euro. Consider that the U.S. economy is worth $14 trillion, and between the 13 countries who use the Euro as their currency, their TOTAL collective economic worth is only $11 trillion. So let’s ask again, how strong is the U.S. economy anyway?
(Source: By The Numbers Research Group)
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