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Stock Dec 2010 - "Stock Market: Be of Good Cheer"

Stock Dec 2010 - "Stock Market: Be of Good Cheer"

Stock Dec 2010 - "Stock Market: Be of Good Cheer"

Excerpt


Stock Market: Be of Good Cheer


Pre-Thanksgiving economic data gave investors an early opportunity to embrace the Season of Good Cheer. Fears of a recessionary double-dip diminished as data from the Commerce Department was revised upward and first-time unemployment benefit filings were lower than predicted. This improving economic picture helped boost the consumer discretionary and industrial sectors as investors snapped up stocks prior to the Thanksgiving holiday period.


 



 


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