Now, even over-the-top bears like bond giant Pimco are doing a bullish about-face, and that makes it tougher for fund managers to keep avoiding the stock market. If they start returning to a historical stock allocation, that could further boost equity prices.
Continue reading As Sentiment Shifts, Pension Funds Could Soon Turn to Stocks
As Sentiment Shifts, Pension Funds Could Soon Turn to Stocks originally appeared on DailyFinance on Mon, 13 Dec 2010 17:00:00.
Filed Under: Columns, Economy, Investing, Goldman Sachs , Market News