Why Stocks Are at a ‘Permanently High Plateau’
There are some serious factors that are driving today’s all-time highs.
U.S. Economy Shows Strength as Dow at 4-Year High Nears 13,000: Schwab’s Aguilar
U.S. economic improvement, housing market stability and strong corporate profits have contributed to the stock market’s solid performance in 2012 as the Dow hits a four-year high.
S&P 500 Q3 Earnings Outlook: Optimism in ‘Unprecedented High-Risk Environment’
Equity analysts for Standard & Poor’s see a vast gap between their expectations for record double-digit Q3 earnings versus investors’ loss of faith in analysts' optimistic earnings forecasts.
JPMorgan: Recession Unlikely, So Take Advantage of Extreme Valuations
In a critique of the Fed's Operation Twist announcement, JPMorgan market strategist David Kelly said it was a failure because the markets have reached the point where they must self-correct.