As stocks' malaise lingers, Wall Street bears -- the doomsayers who often warn of impending price drops -- are getting bolder predicting the 3-year-old bull market is near an end.
The bears' outlook, which more optimistic market players often shrug off, appears to be gaining credence. The reason: The obstacles confronting stocks, ranging from rising interest rates to the threat of higher inflation to soaring home-heating costs and debt-choked consumers, keep mounting. |