Investors Turn Bullish on Stocks Worldwide as Concern About Greece Wanes Investor confidence returned to
stocks from New York to Paris to Tokyo on growing signs that the
budget crisis in Greece won’t derail the global economy.
Defaults May Signal Bursting Muni Junk Bubble After 30% High-Yield Surge Investors in search of better
returns poured $7.8 billion into high-yield municipal bond funds
last year, pushing assets to a two-year high. They may start
experiencing losses as early as this year as default risks grow.
Stocks Likely to Fall Into `Air Pocket' as Bond Yields Climb: Chart of Day U.S. stocks rallied so much during
the past year that they are vulnerable to a slump as interest
rates rise and inflation accelerates, according to John Hussman,
who oversees about $7 billion at the Hussman Funds.
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