Why We’re Optimistic on Equities in 2013
The S&P 500 Index established a 2012 closing high of 1465.77 on Sept. 14. From that mark through midday Nov. 27, the world’s most widely followed equity index shed 3.8 percent. The early autumn swoon got as deep as 7.7 percent, as the S&P has posted a solid rally since setting a fourth-quarter clos…
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