AWESOME: Market comeback, hopes high today

October 14, 2008

The Dow Jones industrial average made a huge comeback Monday, rising 936 points, easily a single-day record, after last week’s record losses. Alan Shrainka is chief investment officer at Edward Jones:

Hugh Johnson is chief economist of Johnson Illington Advisers. He says while it’s not the end of our problems, stocks appear to have seen the worst of it:

Another analyst explained the Wall Street bounce-back this way: quote, “We have exceptional companies at fire sale prices.”

Share and Enjoy: