Second-half rally leads markets to stellar gains in 2006.
The markets posted stellar gains in 2006. Falling energy costs, diminishing concerns about interest rates and inflation, and optimism for corporate earnings helped rally the markets in the second half of the year. Overall, the Morningstar US Market Index returned 15.7% in 2006.
In our special year-end review, Morningstar Fund Analyst Arijit Dutta provides insight into the market's performance.
A recap of some of the key trends:
Sanjay Arya is director of Morningstar Indexes.