Commentary: Stock market's performance points to softening economy

01/10/2010 | NYTimes.com

The performance of equities is pointing to a faltering U.S. economy and sagging corporate earnings in the third quarter, writes Paul Lim, a senior editor at Money magazine. In the past, stock indexes started rising about six months before a recession's end. In 2009, the trend upward began in March. Jeffrey Kleintop, chief market strategist at LPL Financial, said he anticipates that "somewhere between January and June, the rally will probably peter out."

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