The best indicator ever that the bull market is here to stay
If this isn't a sign that the recent bull market is here to stay, I don't know what is. I'm talking about the good old Sports Illustrated Swimsuit Issue Indicator.
According to the fine folks at Bespoke Investment, in years that an American has appeared on the cover of the annual SI Swimsuit Issue, like this year, the S&P 500 has produced an average annual return of 14.3% and ended the year in positive territory 88.2% of the time. This compares with a 10.8% return and 76.5% positive when a non-American donned the cover.
So there you have it. You can put 2012 in the books now as a good year for the market, plus I had an excuse to post the above picture :).