Mises Daily
Author:
Frank Shostak
Online Publish Date:
From its low on March 11, the Dow Jones Industrial Average has risen 20.5% (see chart), the S&P500 has increased by 23.4% (see chart) while the Nasdaq Composite has climbed 28% (see chart). Is this rebound indicative of the emergence of a new bull market? It is tempting to suggest that this may be the case. After all, stock price indices have been