
GREATEST RECOVERY EVER: Markets Went from a Bear Market to Record Highs In Shortest Time Frame in History
By Joe Hoft
President Trump can now claim he has overseen the greatest economy in US history and the greatest recovery in US history.
The US markets have increased more in the past few months than any time in history. The increases are truly historic!
Yahoo Finance reported today:
The Dow Jones Industrial Average, despite the recent turmoil, has almost recovered all losses suffered during the coronavirus pandemic. The blue-chip index bounced back from the bear market territory in March and is now near its all-time high achieved on Feb 12, 2020.
Similarly, the S&P 500 had plummeted more than 30% within six weeks this spring, marking its fastest descend from record levels into a bear market. But the broader index has been on an uptrend, recording the fifth successive month of rally in August in more than 80 years.