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<blockquote data-quote="vantexan" data-source="post: 4546168" data-attributes="member: 24302"><p>Bull markets exist because people buy stock in greater numbers than before. If there's no other outlet to increase returns people go to what's left. With all the 401k money being pumped in it doesn't take much outside money buying stock to see values rise. That feeds on itself. Companies were profiting as the recovery improved and they weren't passing on that money in increased wages. The increased profits increased dividends which attracted money to the market. But that bull market did little to help the middle class unless you had a well paying job and could invest in the stock market.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4546168, member: 24302"] Bull markets exist because people buy stock in greater numbers than before. If there's no other outlet to increase returns people go to what's left. With all the 401k money being pumped in it doesn't take much outside money buying stock to see values rise. That feeds on itself. Companies were profiting as the recovery improved and they weren't passing on that money in increased wages. The increased profits increased dividends which attracted money to the market. But that bull market did little to help the middle class unless you had a well paying job and could invest in the stock market. [/QUOTE]
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