A Long View of the Market

Arnie Kaufman reflects on stocks and market trends after more than 30 years of editing S&P's newsletter, The Outlook

"The market just has not been acting well." That's the judgment of Arnie Kaufman, editor-in-chief of Standard & Poor's newsletter, The Outlook, speaking from the perspective of more than 40 years at S&P and 30-plus editing the widely followed newsletter. Kaufman notes the frequency of late-afternoon pullbacks and the lack of staying power in rallies.

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