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Bank of America Corporation Message Board

  • cchaker cchaker Jul 18, 2013 11:33 AM Flag

    Investors Chasing DJI to Record Highs

    For the most part, investors are optimistic and are willing to chase the Dow Jones Industrial Average to record highs. The optimism in stocks is primarily driven by falling costs (process-driven improvements), favorable macroeconomic headwinds, strategic acquisitions or partnerships, business development, and share buy-backs. The five factors are driving both earnings and revenue growth across most sectors.
    Investors had been a little guarded on stocks and were worried about the Federal Reserve’s minutes that were released on July 10.

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