This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics.is up 5.5% year to date. Over the past five years, it has gained around 10.5% annualized, right around the long-term yearly average return.
What's everyone so excited about?to reflect on the market's powerful eight-month comeback and how investors have almost fully shed the anxieties and timidity of just one month ago, when the approach of a contentious election and unmapped path of the virus had most people preferring to stay defensive "because of the uncertainty.
Pro We have enough for our needs, but not enough for our greed.
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