Investors Pile Into Stocks Just as Pros Say Bull Run Is Over
Individual investors are plowing money back into the U.S. stock market just as professional strategists say gains for this year are over.
Birinyi Bullish, Sees S&P at 1,700
Laszlo Birinyi called the market bottom in March 2009 and he still likes what he sees three years on. Despite the stock market’s largest decline this year earlier in the week, he’s bullish on U.S. equities.
S&P 500 to Lose 3.3% by End of March, Says Birinyi Associates
Firm was first to tell clients to buy in March 2009.