The S&P 500 Through The Ages - From 200 To 2000 In 30 Years

Tyler Durden's picture


The S&P 500 has tripled off the March 2009 lows and took a mere 65 days to go from 1900 to 2000 today. As WSJ notes, the S&P needed 11,208 trading days to reach 100 for the first time... Here’s a look at S&P 500 milestones throughout the decades... and how Bernanke predicted 2,000 in March 2013.


Source: The Wall Street Journal

Which has left stocks "rich" to The Fed as they have more than priced-in balance sheet expansion that is left...

*  *  *

And If you are surprised by any of this... Bernanke signalled it all way ahead... in March 2013!!!

as we said at the time...

Given his reiteration last week that the Fed is here to stay - and his fellow dovish lapdogs' confirmation that we can all rest assured that our 'wealth' is being protected - we know that the Fed balance sheet will hit around $4 trillion by year-end. Given the hyper-correlation over the past three months between US equity performance and the daily pump of POMO, it appears clear that Bernanke's target for the S&P 500 by year-end is around 2000 (unless of course you think there is even a little bit of market efficiency and discounting left in the world).

Is this what the Princeton Professor is looking for?


*  *  *

But it's gonna be over soon.

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 08/26/2014 - 17:31 | 5146716 SoberOne
SoberOne's picture

Pair of bollocks!

Tue, 08/26/2014 - 17:32 | 5146719 TheSecondLaw
TheSecondLaw's picture

You don't need a degree in finance or have to be an economist or clairvoyant to predict where this is going. And yes, the Fed can remain irrational longer than one would expect (or did expect years ago), but I reackon you can start counting in months, not years.

Tue, 08/26/2014 - 17:33 | 5146724 Teaser
Teaser's picture

What time is Dancing with the Stars on?

Tue, 08/26/2014 - 17:35 | 5146744 blu
blu's picture

Much more of this and it will be down to two algos trading the same single share of AAPL back and forth between them at 400 transactions per second.

Makes me feel tingly all over.

Tue, 08/26/2014 - 17:40 | 5146776 yogibear
yogibear's picture

William Dudley of the NY Fed has the trading desk bots set to Full-bullish.

Tue, 08/26/2014 - 17:46 | 5146806 trader1
trader1's picture

that's the plan. 


Tue, 08/26/2014 - 17:39 | 5146768 Yen Cross
Tue, 08/26/2014 - 17:42 | 5146774 SgtShaftoe
SgtShaftoe's picture

The Kansas filth shot an unarmed teen kid monday, unarmed... 16 times.  Looks like Ferguson might spread to Kansas.   The father offered to help and tackle his son, but the police told the father they'd shoot him too.

Tue, 08/26/2014 - 17:50 | 5146819 Chupacabra-322
Chupacabra-322's picture

Yup. Never leave the house now without a Sub-Nose 8 Shot S&W 627 Performance Center .357.

Tue, 08/26/2014 - 17:51 | 5146825 yogibear
yogibear's picture

You want your Social Security disability you can have it. More welfare and EBT cards for the rush of illegals backfilling.

5 million illegals can vote in November.

Labor Day Executive-Order Amnesty 'Very Likely'

Gutierrez on Obama's expected immigration executive order


Tue, 08/26/2014 - 17:42 | 5146783 Seasmoke
Seasmoke's picture

Wow look at that lost decade in 2000-13 !!!

Tue, 08/26/2014 - 17:42 | 5146788 Dr. Engali
Dr. Engali's picture

It's called a dying currency. Ask Zimbabwe, Venezuela, or Argentina about their market milestones

Tue, 08/26/2014 - 18:06 | 5146864 huggy_in_london
huggy_in_london's picture

I am really starting to think that this might really be the reason.  

Tue, 08/26/2014 - 17:43 | 5146792 ebworthen
ebworthen's picture

A clear illustration of FED bubble blowing to benefit Wall Street and pummel Main Street.


Tue, 08/26/2014 - 17:55 | 5146838 Rainman
Rainman's picture

Average duration of membership in the S&P is down to only 15 years now . Many moons ago it was 50 yrs. or more.

Tue, 08/26/2014 - 18:02 | 5146854 Sudden Debt
Sudden Debt's picture

When I was at school, a pint costed 25 cents.
14 years later...
It's 4 euro's...

Tue, 08/26/2014 - 20:30 | 5147277 MeelionDollerBogus
MeelionDollerBogus's picture

stawks cheep

bye moar

An datz da nooz!

Tue, 08/26/2014 - 20:53 | 5147336 bid the soldier...
bid the soldiers shoot's picture

The Inflation of Index Shares

 (Too  much QE money chasing too few index stocks)

Object:   to create all-time index high after all-time high.


 Then the Lord said unto Goldman Sachs, “See, I have delivered the NYSE into your hands.... Have the whole of Wall Street  give a loud shout; then will the wall of the worry collapse and you shall dwell forever in the land of milk and bonuses."

So saith the Lord God.

Do NOT follow this link or you will be banned from the site!