Joe Battipaglia Warns That Government Policies Will Stifle Rally

By on May 21, 2009

Terry Savage reports from the Las Vegas MoneyShow that Joe Battipaglia is bearish because higher taxes, weak profits and a jobless recovery will hurt both the economy and the markets.

However, James Stack is said to be bullish in the same article. Stack believes that sentiment is down in the dumps, but market breadth and relative strength are signaling good tidings for stocks.



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