Are stocks set for a down year?

by admin on Sunday, January 31st, 2010 | No Comments

NEW YORK (Reuters) – The maxim “as January goes, so goes the year” bodes ill for equity investors after the S&P 500 closed out its worst month in nearly a year. This week, they will have to contend with fears of sovereign defaults and potential unpleasantness in the U.S. labor market as well.