Hope can fuel bulls’ charge as stocks rally despite worries
August 20, 2009
The transition from recession to recovery has historically been a good time to own stocks, as the prospect of better days ahead gives investors a reason to buy. Big rallies occur even though many economic worries still persist, the buying is built largely on hope, and skeptics loudly proclaim that the gains can’t last
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Hope can fuel bulls’ charge as stocks rally despite worries
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