Wall Street Pessimists Are Getting Used to Being Wrong
Beaten as they might be by the stock market’s rally, worriers on Wall Street still question how long it can last. Their numbers are shrinking, though. After starting the year with dour warnings about the economy, many investors and analysts have changed their minds. This newfound bullishness is grounded in signs that inflation is slowing and the economy is still standing strong, as well as a belief that corporate profits are set to grow now that interest rates have reached their peak, or are at
Source: yahoo.com
