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To: Donald Wennerstrom who wrote (50892)1/21/2011 10:10:25 AM
From: Kirk ©3 Recommendations  Read Replies (1) | Respond to of 95487
 
Following the financial crisis trough of March 9, 2009, the stock market embarked on a relatively sharp rally. Today's chart focuses on one particular stock market index -- the S&P 400 (mid-cap stocks). The reason for the focus is that the S&P 400 achieved a significant milestone earlier this week when it made a new, all-time record high. Considering the magnitude of the financial crisis and resulting bear market, this is indeed a significant achievement.



From chartoftheday.com



To: Donald Wennerstrom who wrote (50892)1/21/2011 11:07:28 AM
From: Donald Wennerstrom3 Recommendations  Read Replies (1) | Respond to of 95487
 
In reviewing the post yesterday that I made on the Bookings and Billings data going back to 1991, I noticed I made a rather big omission on the last line in the Billings portion. I decided to repost the narrative and enter the updated table.

<<This is the update of the table for Bookings and Billings that covers the period from 1991 through 2010.

For each month of the tables, the brown shaded areas are those that were of lesser value than the 2010 numbers. This shows at a glance just how the 2010 data was superior to most of the other months in terms of non-adjusted inflation data. The big question of course is can the numbers improve even further in 2011.

By going to a Federal Reserve site, inflation numbers on a yearly basis can be easily found.

minneapolisfed.org

By using these yearly inflation factors, the yearly bottom line numbers can be compared on an inflation adjusted basis. Reviewed in this way, while 2010 was a very good year, many years were better than 2010. For Bookings, 7 years had higher values than 2010, and for Billings, 10 years had higher values.