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Ovetii Investigate - What's Driving Stock Market To New Highs?

With the US housing market in a tailspin, forecasts of an imminent recession, and reports from major banks of big losses, Ovetii are due to comment as to why the stock market is on a roll and rising to record highs.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Oct 28, 2007 -
With the tremendous uncertainty from consumers and investors around the globe, the question on everybody’s lips surrounds the continued rallying of the stock market.
Sources say Ovetii believe the answer is simple.  These same sources have reported that analysts at the prominent European Investment Corporation have reached a simple conclusion. They believe that investors care less about what’s happening today than about what they expect to happen tomorrow. And, as bad as today’s headlines look, they’re not as bad as Wall Street’s worst fears at the height of the turmoil that rocked the global financial markets in August.

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Source:invest-biz.info
Country:United States
Industry:Investment, Finance, Markets
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Shortcut:http://prlog.org/10035784
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