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2012-09-17 — sunherald.com
``"We've had this recovery in the stock market but not really in the economy," Vernon says. Stocks will likely fall within months, he says, "when the same stories are coming out about the economy, when we start hearing the same old song of people dropping out of the workforce and unemployment staying high."
There are other factors that help explain stocks' recent gains. Investors expect corporate profits to rise strongly in the fourth quarter, after a trough in the quarter that ends later this month, says Sam Stovall, chief equity strategist with S&P Capital IQ, a research firm.'' source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |