Why 2011 May Be A Middling Year...

The S&P 500 enjoyed double digit returns in 2009 and 2010.

A 3rd consecutive year of double-digit gains, however, would be an anomaly.

Since World War II, there have been 10 back-to-back double-digit advances.

Only twice (1951 and 1994) did the streak run to a 3rd year, and the average return in the 3rd year was only +1.7%.