Wall Street Hesitates After Big Rally
Is glass half full, or half empty.
Bryce Knorr
Published: May 12, 2009
After rallying to test their highest levels of the year, stock prices are pulling back, as investors wonder "what have you done for me lately?"
Indeed, Wall Street can't quite figure out if the glass is half full, or half empty.
To be sure, the market rallied nicely off March lows, and, perhaps more importantly, appears to have convinced most investors and economists that the wheels aren't going to fall off the bus completely. But saying the patient isn't dead doesn't mean he's fully recovered, or even out of intensive care.
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