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S&P 500 Rally: These Were the Surprising Stars
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S&P 500 Rally: These Were the Surprising Stars

  #1 (permalink)
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S&P 500 Rally: These Were the Surprising Stars

Investors who had bet on the American consumer even as the U.S. economy was entering the Great Recession are the biggest winners as the S&P 500 stock index set a new closing record.

More on CNBC...

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  #2 (permalink)
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josh's Avatar
 
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"Investors who had bet on the American consumer..."

Retail sales and personal spending numbers for the last few years seem "normal" to me. I think that investors who had bet on the injection of trillions of dollars by the Fed's printing policies have been the winners. Not saying it's good or bad, but let's not give the consumer too much of the credit here.

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  #3 (permalink)
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Massive l's Avatar
 
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Exactly. I'm not so sure the consumer has anything to do with it

Psychology > Strategy ≥ Money
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Silvester17's Avatar
 
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of course the consumers are the big winners.

when actually reading the article, you'll see that since last high in oct. 2007, the CONSUMER SECTOR has gained more than 40 %. which outperforms other sectors.

so in other words, if you had bet on consumer stocks, you would clearly be the big winner.

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