Mid Year 2009 Market and Economic Outlook

Was “THE” Bottom Set in March? . . . Is the Market Clear to Go Higher?

After setting a panic low in March, the S&P 500 has had a furious recovery of 39%. 

Have we seen the final low?  Is it safe to reinvest?  What is the Upside?

 ScreenHunter_02 Jul. 23 14.13

S&P 500:

  • Down 57% from 2007 high to March low
  • Up 4.2% YTD
  • Now up 39% from the March Low

The answers to the first two questions are increasingly . . . YES and YES.  I will address both of them and the boundaries of the third question on the following pages.  As good as the last 3 + plus monthshave been there is still more to come. 

Please view the full report in pdf here: Mid Year 2009 Market and Economic Outlook