Is the Bull coming back soon ? Global stock market has just set yet another new height on Thursday, on Business Mag .

With the US released data showing that citizen claiming unemployment benefit is dropping. It boosts up the market sentiment and helped in pushing up market worldwide. On New York market noon time, Standard & Poor 500 indices has rise 1.6%, approaching the 1000 critical support level.

On Europe market, the Eurofirst 300 indices (FTSE Eurofirst 300) has rises 2.2%, also marking the peak since last November’s peak position. Meanwhile, a new 9 month high level is registered at Tokyo Nikkei 225Indice .

While these are indeed good news, since the financial crisis, one have to really think of the possible supporting factors that might be contributing to these up rising. Or at least ask the basic question -> Is the market running ahead of itself too soon ? Are the fundamental getting sound to support for such rally ?

Yes, there are growing signs that economy is on the road to recovery. No doubt so far that the earnings posted by major enterprises has been positive, with some performing better than market’s expectations.  But bear in mind that, if we look back at history, economy recovery could takes a long way for it to reach a sustainable position.