"Mutual funds benefit from markets’ spring rally" by Tim Paradis, Associated Press | July 5, 2009
NEW YORK - Wall Street’s spring rally allowed many mutual funds to score an achievement that eluded them throughout the credit crisis and recession: a winning quarter....
Most fund categories are shining with double-digit returns for the second quarter but investors shouldn’t be too quick to celebrate. The stock market has struggled since mid-June to continue its climb, raising questions about whether the quarter’s gains will hold....
The idea that recovery is on the way pulled most funds higher during the quarter....
Oh, so NOW it is JUST an IDEA, not an inevitability like the s***-shoveling lo these many months?
Pfffffttt!
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