Market Commentary- Q4 2009
What’s Been Happening? The US stock market as represented by the Dow Jones Industrial Average continued its remarkable recovery. The index gained 8.1% during the last quarter of 2009 and finished the year up 22.7%. Much as we enjoy rising markets, a pullback or two following 8 out of 10 positive months would be healthy. However, as the outlook improves for recession-depressed corporate profits, gains in stock prices should not be unexpected. Source: Wall Street Journal Market Data Group 12/30/09 Trends to be Aware of Despite the run up in stocks from March on, investors stuffed their money...
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