- The current bounce has so far outpaced the previous seven market recoveries during economic expansions since 1970.
- Equities are up more than 61% in the current expansion. The next-strongest rise at this stage in the recovery (19 months and counting) is a distant 39.9%.
- The astonishing gain to date in the stock market is an upside outlier in the extreme, but it’s not unusual relative to gains in employment, retail sales and industrial production to date in the current expansion.
For further details see:
The U.S. Stock Market's Epic Recovery Is A Sight To Behold