Since the lows of 2009, markets have been trending upwards, generally, with a couple of pullbacks in 2010 and 2011.
From the Weekly comparison chart below of the Dow, S&P 500, Nasdaq 100, and Russell 2000 Indices, you can see how much markets have gained, percentage-wise, since those lows. The Nasdaq is in the lead, followed by the Russell, S&P, and the Dow, thanks to the Fed’s monetary policy pertaining to financial price stability, inflation, and unemployment concerns. (more…)