5 Reasons the Market Could Rally Before the Year Ends

Here we go again. This week is starting off where last week ended — on a dismal note. Since hitting an intra-day peak of 1,346 back on July 22, the S&P 500 Index is on track (as of Aug. 8) to mark its 10th losing session in the last 11. This kind of sustained sell-off has few parallels in history and can be explained away by one simple fact: There are few reasons to buy stocks now and ample reasons to sell them. The U.S. economy is weakening, the ongoing European crisis is showing no signs of ending, and massive projected U.S. budget deficits go largely untouched (despite the recent cosmetic efforts in Washington). In effect, the . . . → Read More: 5 Reasons the Market Could Rally Before the Year Ends
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