Summary
The final quarter of the year shows the Index up 0.6% for last month, and up 3.8% for the last 12 months. With our proprietary algorithm, a major upward pressure was exerted by the continued run-up in Industry Stock Prices, just as we witnessed last quarter. The publicly traded companies that make up this metric are up 7.7% for the month, but a whopping 44% for the trailing 12 months.