Source: Market Watch
SAN FRANCISCO (MarketWatch) — Take a good look at the impressive gains that both U.S. and global stock markets posted this year, to many investors’ pleasant surprise. You don’t want to miss the repeat performance in 2011.
The third time’s a charm, as the saying goes, and 2011 offers a trio of financial-market milestones. It’s the crucial third year of the so-called presidential cycle, the beginning of the third year of the bull market that started in March 2009 — all 10 bull markets since 1949 have celebrated their third birthdays — and, in June, the start of the third year of agonizingly slow but still positive U.S. economic growth.
“It’s going to be either a good year, or a great year,” said Sam Stovall, chief investment strategist at Standard & Poor’s Equity Research.