This rally may have some more legs
The risk is that the economic recovery disappoints in the second half and that equity markets need to revisit their lows in the next few months and maybe go through them.
—David Hudson, BlackRock, manager of the Asset Allocation Alpha Fund
Geithner is all about fixing the banks and that is an essential first step in fixing the economy. This is a bear-market rally. Describing it as a beginning of a bull run is extremely premature.
—Richard Lacaille, chief investment officer at State Street Global Advisers
Questions remain. I’m not convinced the plan is the complete end game for what ails us in the financial sector.
—Bill Dinning, head of investment strategy, Aegon Asset Management, $61.6b AUM
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