"Last Week in the Markets..." is an examination of the week that was in the financial markets, in an effort to help assess the prospects for the week(s) that will be.
Late this year has seen a stock-market rally that so far, in its overall timing, is not dissimilar to what the market experienced late last year. And so far, the justification for this year's rendition appears similar, too -- something predicated more on need than on substance. This edition of "Last Week" will take a look at where matters stand.
Continue to Gillespie Research for the balance of the essay: http://www.gillespieresearch.com/cgi-bin/s/article/id=711.