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Bull or Bubble?
Posted By Barry Ritholtz On December 5, 2013 @ 1:08 pm In Investing,Markets,Quantitative | Comments Disabled
Source: 361 Capital 
This chart comes to us via Blaine Rollins  of 361 Capital. I find it provides great context for the current markets, especially given the amount of bubble chatter we hear these days.
How common are double-digit equity gains? How often do we see markets up 20 percent or more in a given year?
As it turns out, when markets are in the green, double-digit gains are the norm. Only one in four years where markets are positive do we actually record single-digit gainers. Indeed, three out of four positive years (19/76 or 0.25 percent) see gains that are in the double digits.
Continues here 
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2013/12/bull-or-bubble/
URLs in this post:
 Image: http://www.ritholtz.com/blog/wp-content/uploads/2013/12/Annual_Price_Performance_800px.jpg
 361 Capital: http://www.thereformedbroker.com/2013/12/03/361-capital-weekly-research-briefing-67/
 Continues here: http://www.bloomberg.com/news/2013-12-05/bull-or-bubble-ritholtz-chart-.html
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