
- August15 2003
- Volume 10
- Issue 15
FOLLOWING THE MONEY
Highlight:
What a quarter! The S&P 500gained 14.9%, its best showingsince the fourth quarter of 1998;the Dow was up 12.4%; and theaverage stock mutual fund gainedabout 17.5%. What drove the stockmarket to its best quarter in 41/2years? Earnings, eitherreal or anticipated. There wereother bright spots in the economy,including a rebound in consumerconfidence, interest rates at the lowestthey've been in several decades,and an upward revision in grossdomestic product numbers for thefirst quarter. Ultimately, however,what moves stocks up are earnings,and analysts' projections on corporateearnings are now calling fordouble-digit increases through therest of this year and all of 2004.
Articles in this issue
about 18 years ago
Take Steps Toward Your Second Homeabout 18 years ago
Climb over Home Improvement Obstaclesabout 18 years ago
What Companies Don't Want You to Knowabout 18 years ago
Balance Cost and Time in Your Householdabout 18 years ago
Doctors and Crime Are a Bad Combinationabout 18 years ago
What's in This Tax Relief Act for You?about 18 years ago
Confront the Perils of Retirement Todayabout 18 years ago
Know What to Do if You're Shown the Doorabout 18 years ago
Pay Attention to Retirement Allocationsabout 18 years ago
Figure Out Which Plan Will Work for YouRelated to this article








