Easter also stands for the begin of spring. The German literature has a lot of Easter poems which are referring to the seasonal issue. The most popular German Easter riddle is "Der Osterspaziergang" (the Easter walk ostern) from Johann Wolfgang von Goethe. It starts with the line "Vom Eise befreit sind Strom und Bäche" ("freed from the ice are rivers and creeks").
It looks like the stock market also celebrates this event. It is a nice coincidence that the last trading day in the Easter week (and of the first quarter) finished with an all-time high for the S&P 500. The gauge for the U.S. stock market gained 10% in the first quarter.
This is is a response to the fact that the U.S. economy is getting better. Last week we learned the in the U.S. consumer spending, personal income, manufacturing & home sales are expanding and that house prices are climbing again.
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