H&W in the Media
U.S. stock market lacks conviction after another up month
published: May. 01, 2010
Many investors “are still not convinced the recovery is for real,” said Kevin Mahn, portfolio manager of the SmartGrowth Mutual Funds. He points to strong fund flows into U.S. Treasurys, typically sought as a safe place to protect principal in uncertain times, “as symbolic of where market and investor sentiment is right now.”
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