BEAR MARKET RALLY OR NEW BULL MARKET?

Mark Hulbert is out this morning with a nice analysis of just how vicious this latest rally has been.  In just two short weeks it has covered 85% of the entire progress made during the average first 90 days of a new bull market.   There continues to be a very euphoric feel in the air despite yesterdays massive rally.

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Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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