BOSTON ( TheStreet Ratings) -- When I last provided a review of the TheStreet Ratings' quantitative equity model on April 18, the S&P 500 Index stood at 1,305 and investors were starting to show signs of worry about the economy.Standard & Poor's had also just put the U.S.'s AAA rating on a "negative" outlook, sending the stock market down by more than 2%, with the implication that the country's stellar rating was falling as debt was rising.
Stock-Market Bullishness Rises as Prices Fall
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