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Stock May 2010 - "Stock Market: Amended expectations"

Stock May 2010 - "Stock Market: Amended expectations"

Stock May 2010 - "Stock Market: Amended expectations"

Excerpt


Stock Market: Amended expectations



There is much to be happy about these days: the market is up almost 80 percent from its lows of 12 months ago, corporate earnings are beating estimates and business spending is on an upswing. The announcement by the Feds at the end of April that it did not plan to raise interest rates anytime soon was also likely to please investors. Despite all this, some experts remain poised and ready for the current positive market performance to take a nosedive. Rather than try to untangle the various viewpoints - you'll note that both bulls and bears often use the same data to support opposing positions - it is worth remembering that all analysts are right at some point in time.


 



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