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Friday, April 10, 2009

A Bear Market Rally?


"The Dow Jones industrial average gained 246 points on Thursday. The Standard & Poor’s 500 index has now risen more than 25 percent since stocks bottomed out on March 9, one of its best runs since the Great Depression."

The question at hand is whether the recent spurt in stock prices is a turn around or just a bear market rally? In the New York Times, three economists give their opinions HERE.

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