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New Stock Coverage: Best Buy a Tough Sell
MINYANVILLE ORIGINAL The Dow (^DJI) now up for three straight weeks in its best streak since the summer rose 0.99% as Hurricane Sandy failed to exert anything like the negative impact on November’s employment picture that Wall Street’s expensively remunerated experts predicted. (Redundant proof that economists were indeed created to make weather forecasters look good.)   Meanwhile the stock market’s unerring ability to predict nine of the past five recessions was turned on its head as German equities up 27% in 2012 hit a half-decade high even as Bundesbank slashed its guesstimate for the country’s growth. Great Neck inspiration for The ...
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