Wall Street Bets 2009 Will Be A Bull Year
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Bearish 2008, Bull 2009, Bull Year, Bull Year 2009, Dow Jones 2009, Economy, Financial Crisis, Strong 2009, Wall Street,
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Wall Street is betting a new U.S. president and a fresh stimulus package will prod stocks higher in 2009, following a year most investors would gladly forget.
Investors are expecting gains of as much as 10 to 20 percent next year, partly reversing a dismal 39 percent drop in the S&P 500 in 2008 as trillions of dollars that have been sitting on the sidelines are plowed back into the markets.
Reuters | December 31, 2008 08:43 PM