Bull Market? - UMB Asset Management Economic & Market Outlook

"The economy continues to show signs that the worst may indeed be behind us. While we wouldn’t say it is ‘healthy’ yet, we now regularly see evidence that the rate of economic deterioration is slowing. This is why the stock market has moved upwards over the last couple of months – our nation’s investors are anticipating an end to the recession. We believe the market will show positive returns for the entire year. However, we also believe actual signs of economic growth may be needed before we have another significant leg of price appreciation in U.S. stocks."

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