Do call it a comeback: The Dow could actually end the year in the green | CNN Business

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Most of 2022 has been pretty dismal for investors, but the stock market is in the midst of one heck of a fourth-quarter rally: The Dow enjoyed its best month in nearly a half-century in October and it’s up another 4% in November.

Although stocks were trading lower Monday, the blue-chip index is down only about 6% for 2022 — and just 7% below its all-time high. It would be a stunning comeback if the Dow reclaims all its lost ground and finishes the year in positive territory. As recently as mid-October the Dow was in bear-market territory for 2022, down more than 21%. What’s happened? Top industrial stocks in the Dow such as Boeing\n \n , Caterpillar\n \n and Honeywell\n \n have surged.

Are investors suddenly too giddy? The CNN Business Fear & Greed index, which measures seven indicators of market sentiment, is now showing signs of Greed and is moving closer to Extreme Greed levels. But others believe the market rebound may be warranted, especially for stocks that conservative investors love — such as companies that pay healthy dividend yields. “We think stocks could stabilize. Inflation seems to be cooperating.

 

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FakeNews, especially when you consider the market is down about 17% YTD and inflation has taken more than another 8%. Gaslighting DNCTranscriptionist

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