The Financial Year Links | On long grass, suckers and corporate treasurers

Anthony Peters sees a Fed ruse and welcomes back old friends.

Just to remind ourselves, the US stock markets are racing from new high to new high. Wednesday, it was the Dow’s turn as it closed at 15,746.88 points which gives it a year to date performance of 20.17% and a 12-month return of 21.76%. Its sister index, the broader and, in truth, far more relevant S&P 500, although it missed a record high by just over one point is, however, leading the way with a year to date return of 24.14% and a 12-month figure of 26.96%...

Read more:
www.ifre.com/on-long-grass-suckers-and-corporate-treasurers/21117996.article



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