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December 19, 2008
Keeper of a Barron's Story Summary
Keep the following story summary from tomorrow's Barron's. It will be fun/harrowing/awful to look back at it a year from now:
Out with the Old, Barron's, Dec 20/08
The good news is that the U.S. stock market has already absorbed the worst of the selling pressure this year and will start to recover in 2009. The not-so-great news: Any progress might be limited. The dozen strategists and chief investment officers surveyed by Barron's expect the Standard & Poor's 500 index to finish 2009 about 18% above where it is now.
I hardly know where to begin.
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