S&P 500 Triple-Dip On The Horizon? In 2000, The Benchmark U.S. Index Neared 1,600 Only To Take A Dive Soon After. The Same Thing Happened In 2007. And Now, Here We Are Again, With The S&P 500 At 1,556. Feeling Nervous? JIM O’NEILL: I Don’t Feel Good About What’s Next For The Stock Market
Investmentwatchblog.com
March 11th, 2013
S&P 500 runs triple-dip risk
The stock market hasn’t been this carefree since early 2007. Should we be worried about that?
As the S&P 500 Index moves toward an all-time high and volatility sits at multiyear lows, investors should remember we’ve been here twice before, with the index just below 1,600 both in 2000 and 2007 only for it to take a dive soon after.
So is a third dip on the horizon? Or will the U.S. stock benchmark power to a record?
There are similarities between those times and now.
For instance, on Monday, the CBOE Volatility Index VIX -8.18% closed down 8.2% to 11.56, its lowest level since Feb. 26, 2007, when it closed at 11.15. The so-called “fear index,” which saw a brief surge in February of this year, is currently down 36% year to date.
The Dow Hits An All-Time High! Translation: A Bubble Is Always Biggest Right Before It Bursts
The Rest…HERE
