Worry, problems and strife: Investors fear markets not out of woods despite big rally

High-profile investors from BlackRock Inc to billionaire William Ackman have turned more bullish on equities in recent days, as unprecedented stimulus from the Federal Reserve, a $2.2 trillion stimulus bill signed Friday, and a call by President Donald Trump to get the U.S. back to work in weeks rather than months sparked the biggest weekly rally in the Dow Jones Industrial Average since 1938. “People are trying to time the bottom and that’s indicative of an early bear market, when people have hope,” said Richard Bernstein, chief executive officer of Richard Bernstein Advisors. Bernstein said he was a …read more

Source:: Yahoo Finance

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.