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    “Stocks are so undervalued and the economic fundamentals and the corporate earnings fundamentals are getting so much stronger,” said Philip Orlando, who helps oversee $400 billion as chief equity market strategist at Federated Investors Inc. in New York. "Investors are starting to put that money back into the market. That’s why we’re looking at a two-month rally here that will take us up to the 1,200 level" on the S&P 500. The S&P 500 yesterday climbed for a second day as Warren Buffett agreed to buy Burlington Northern Santa Fe Corp. , spurring optimism that equities will continue to rebound after $11.6 trillion in government spending, lending and guarantees returned the economy to growth. Full Article at Bloomberg.com
    Investors are starting to put that money back into the market. That’s why we’re looking at a two-month rally here that will take us up to the 1,200 level
    SOURCE: Bloomberg.com 1 month ago