Comment on PhillyDeals: Trying to make sense of Wall St. rally

PhillyDeals: Trying to make sense of Wall St. rally

There's a disconnect between the pessimism that bosses have been showing since the election and this winter's tax hikes - as told, for example, in last week's First Niagara Bank survey of Pennsylvania firms - and the rising stock market, where the Standard & Poor's 500-stock index is back up near its 2007 high.

 

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