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Saturday, April 20, 2013

Barry Ritholtz: Bull Market Only Halfway Done

Moneynews reports that Barry Ritholtz remains bullish:

The bull market in stocks is still in place, and investors should wait for concrete evidence to the contrary before heading for the exits, according to stock analyst and author Barry Ritholtz.

Ritholtz, CEO of Fusion IQ and author of "Bailout Nation," said mixed signals on the health of the economy have not yet turned negative. "This bull run will eventually end the best way to handle that trade is to wait for the market to tell you the run is over," Ritholtz told Yahoo Daily Ticker. "When you take a look at all the surveys, we're somewhere in the middle. We're not excessively bullish; we're not excessively bearish."

Full article and video