Bob Stovall: Following an abrupt stumble in late July we expect the market to move somewhat higher during the rest of 2014. The market has had a remarkable ascent that began 64 months ago -- the fourth largest run since prior to the crash of 1929. Year-to-date as of July 31st, the S&P 500 is up 4.5%. Beneath this is an epic tug-of-war being played out on Wall Street between the bulls and the bears. The struggle is being waged on a somewhat shaky playing field. At a time when the economy is...
Bob Stovall: Following an abrupt stumble in late July we expect the market to move somewhat higher during the rest of 2014. The market has had a remarkable ascent that began 64 months ago -- the fourth largest run since prior to the crash of 1929. Year-to-date as of July 31st, the S&P 500 is up 4.5%. Beneath this is an epic tug-of-war being played out on Wall Street between the bulls and the bears. The struggle is being waged on a somewhat shaky playing field. At a time when the economy is...
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