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Shrinking market to drive stock prices up?
Old 12-29-2006, 08:18 AM   #1
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Here's a take on the US equity market that I've not considered:

U.S. stock market shrinks by $600 billion - Fueled by LBOs and buybacks, contraction may bode well for 2007

"If the supply of equities continues to dwindle and retail investors also rediscover their former penchant for U.S. stock mutual funds, it could mean the market in 2007 would get a significant push higher, some strategists said."

A reasonable theory...or deadline journalism during a slow holiday week?


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