The first sustained market rally since the onset of the credit crisis

May 31st, 2009|by Michael Ashley Schulman, Perspectives, The Big Picture|

The second quarter of 2009 brought us the first sustained market rally since the onset of the credit crisis in the summer of 2008. The resurgence of confidence is to be welcomed even though it has sparked considerable debate about whether or not it is entirely justified given the constraints of the longer-term outlook:

  • Significant economic […]