Post-War Stock Market Rallies

Jim Paulsen of Wells Capital Management has been criticized as a Permabull (rightly so during the collapse), but there is no arguing with these two charts comparing historical rallies. You can thank (or blame) the Federal Reserve, but the numbers of this cyclical rally within the longer term secular bear speak for themselves:

 

Days Since Stock Market Low

Click to enlarge:

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Source:
Wells Capital Management
BEST EVER Post-War Stock Market Rally!
August 20, 2012

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