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Thursday, January 05, 2006
Is now the time to buy stocks? Led by a rally Tuesday, stocks are off to a good start this year, and "as January goes, so goes the year," writes finance columnist Jeff Brown. The Dow has been stalled between 10,000 and 11,000 for a couple of years, so maybe it's due for an upturn. The Fed seems to have neared the end of its interest-rate hikes, which helps corporate earnings. And we all know there can a bandwagon effect, as exuberance breeds exuberance. Planning a plunge? Cautious because trends can never be trusted? Or are you too mired in high credit-card and heating bills?
