Analysis: Cheap money spurs stock market investment

11/9/2009 | Wall Street Journal, The

With interest rates likely to remain at record-low levels, while central banks stimulate the economy, investors are moving their funds to the stock markets. The Dow Jones industrial average is up 14.2% for the year so far. "There seems to be a growing consensus that the S&P 500 is going to 1,200 in this quarter," wrote analyst Steve Leuthold of the Leuthold Group in a note.

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Wall Street Journal, The

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