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While The Late November Rebound Is ... - Raymond James

Get While The Late November Rebound Is ... - Raymond James

R the financial markets during most of the last three months, with the S&P 500 declining 41.3% from August 31 to the close of November 20. Despite continuing evidence of worsening economic trends, the S&P 500 rebounded 19.1% from November 20 to the month-end close of November 28 as a combination of bargain hunting and favorable Fed actions triggered a surge of buying in U.S. equities. The combination of aggressive steps taken by the Treasury to address the severe threats to Citigroup s (C/$8.2.

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