StatPro: Crisis Alpha

WHAT GOES UP…

How long can it go on? The bull run since the depths of the global financial crisis has seen the S&P grow from a low of 682 to a recent high of 2742, a staggering 17% CAGR over nine years. Just this morning the Dow topped 26,000 for the first time. Other markets have also exhibited surprising behavior: worldwide yields – initially driven down by central bank intervention – have remained low, oil has largely maintained its post2014 collapse levels, and virtually all markets have

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