AUTHOR
Mick Weinstein
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After six months of the S&P 500 going up at least 28%, Birinyi Associates worked up a backtest on what happened the past 20 times it had a similar rally.
The current spread levels in the U.S. credit market are not unusual, as there have been previous periods when corporates have traded at similar or even lower levels.
Dubai is up the most in 2013 with a gain of 49.25%.
It’s way too early to call Google’s Nexus 7 tablet an iPad threat. But Google Play is indeed a potential threat to Apple, Microsoft and Amazon platforms.