Stock market will reach new highs in 2013, exec says

01/1/2013 | InvestmentNews (free registration)

Growth in the U.S. housing market and in European economies will help push the Standard & Poor's 500 index to record highs in 2013, predicts Laszlo Birinyi, president of Birinyi Associates. "Our view all along since 2009 is that we're in the midst of a protracted bull market, similar to 1982 and 1992, markets that went on for four or five years," Birinyi said.

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