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It’s official: This was the best quarter for stocks since 1998 — Lee Clifford

Summary:
“It’s the first time you’ve had back-to-back (quarters) like this since the 1930s,” said Willie Delwiche, investment strategist at Baird. “It’s pretty unprecedented.” …The quarter’s gains were ignited by promises of massive amounts of aid from the Federal Reserve and Congress.  FortuneIt’s official: This was the best quarter for stocks since 1998 Lee Clifford

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“It’s the first time you’ve had back-to-back (quarters) like this since the 1930s,” said Willie Delwiche, investment strategist at Baird. “It’s pretty unprecedented.”
…The quarter’s gains were ignited by promises of massive amounts of aid from the Federal Reserve and Congress. 
Fortune
It’s official: This was the best quarter for stocks since 1998
Lee Clifford
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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