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Article: Stock market forecast: blackenterprise.com readers predict long-term recovery, not convinced about economic stimulus plan. (Facts & Figures).
- Article from:
- Black Enterprise
- Article date:
- April 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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With mixed signals about the U.S. economy, a yo-yo stock market, a stagnant unemployment rate, new home sales surging to a record $1.1 million in December, and worries over a possible war with Iraq, it can be hard to tell what the future holds.
But blackenterprise.com readers have a pretty solid opinion about the stock market. Data from our stock market forecast poll, posted online from Jan. 14-28, 2003, indicated that an overwhelming 42% of readers do not foresee a sustained upturn in the stock market until at least 2005, while 28% predict an improvement by the third quarter of 2003, 16% in the fourth quarter, and 14% in 2004.
President George W. Bush's ...