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What Crisis/Recession/Meltdown?

14 April 2010 One Comment

3 Year Chart of Retail ETF (XRT)

The SPDR S&P Retail Index ETF (XRT) is approaching an all time high, essentially erasing the losses during the crisis… err, meltdown… err, recession…. err, distraction.  Yeah that’s the word.  2008 was just a distraction on our way to unlimited prosperity for all.  Why even worry about it?

Onward and upward!

Thanks to Mark at Fundmymutualfund.com for pointing this out.

One Comment »

  • simple in france said:

    Here in France they call it 'La Crise.' But the French never worry about making people feel bad or putting a cheery face on things. If I remember correctly Sarkosy stated early on that he expected real-estate to fall by 50% No sugar-coating here.

    Then again, back in the US and Canada, you know it's sugar-coated, which leads to suspicion, paranoia etc.