Why the Stock Markets Are Losing Hope

Charles Gasparino, New York PostThere was once a time when trouble in foreign markets, whether in Asia or as now in Europe, would be good for US stocks.Sure, our markets can get hammered when news like the 1997 Asian currency crisis hits. But we often make a comeback as investors digest the news and come to the conclusion that the best place to bet for future growth is on the companies at the heart of the US economy.

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