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Fundranker Blog—Review of 2011 Performance

Review of 2011 Performance

The bull market that began with recovery from the Great Recession charged into 2011, lifting markets and indexes to multi-year highs. The S&P 500 Index and the Top Eight Model Portfolio topped out at the end of April near their highs reached in October, 2007, in the final days of the bull market that preceded the Great Recession. The Nasdaq Composite Index surpassed its October, 2007, high in April, but it has a long, long way to go to reach its all-time high from March, 2000.

A multitude of international and domestic woes caused a five-month pullback that took a lot of steam out of the bull market and pushed the S&P 500 and Nasdaq Indexes as well as the Top Eight Model Portfolio into the red for 2011.

Improving economic data for the U.S. trumped further Euro zone problems over the last three months of 2011 and gave the bull market some renewed life. The S&P 500 Index scraped out a small gain for 2011. The Nasdaq Composite Index and the Top Eight Model Portfolio were slightly negative for the year.

Posted 1/10/12 10:40am ET in Fundranker, Market