Weekly Market Commentary 4-21-14

The Big Bang Theory: Inflating the Stock Market

The Big Bang Theory, the most watched television comedy, is about a group of physicists and their aspiring actress friend from across the hall. The show often refers to theoretical physicist Sheldon Cooper’s quest for a Nobel Prize in physics as he frequently derides the work of his experimental physicist roommate, Leonard Hofstadter, and puzzles his neighbor, Penny. Life imitates art: recent data suggests MIT theoretical physicist Alan Guth (think Sheldon) is likely to be awarded the Nobel Prize for his inflation theory of the origin of the universe now that an experiment by astrophysicist John Kovac (think Leonard) found evidence of the origin of the big bang in a ripple pattern of rapid acceleration outward in polarized cosmic radiation (think Penny giving a confused look).

Click here to read the full commentary from LPL Financial Chief Market Strategist, Jeffrey Kleintop.