Performance Anxiety
The market is chugging along nicely as market players remain optimistic about a fiscal-cliff deal even despite the negative comments from politicians. Standard & Poor's has substantially upgraded Greek debt, as well, which is also adding a little kicker.
The dynamic that's really driving this market now is fear of being left behind. Many money managers were never able to catch up when the market went parabolic last January, and now they are trying to put up some relative performance, or just stay steady, as the market ramps. Many of the no-brainer stocks that fund managers road up, such as Apple (AAPL) and F5 Networks (FFIV), are not so simple now -- and it is much more difficult to find places to put funds....87 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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