Tuesday, December 10, 2013

Stock party’s punch bowl isn’t running dry: Deutsche Bank

CNBC reports:
The S&P 500's around 27 percent surge this year may have left investors jumpy about whether a correction is on the cards, but a hoard of pent-up cash means the rally can continue, Deutsche Bank said.

The bank estimates around $169 billion in pent-up cash and short interest is likely to make its way into equities over the next three to four months.