Strategists Still See 17% S&P 500 Rally on Earnings

Wall Street has never been more sure that the Standard & Poor’s 500 Index will rally in 2011, even after speculation the U.S. economy is heading for a recession prompted the biggest plunge since the bull market began. Chief strategists at 13 banks from Barclays Plc (BARC) to UBS AG (UBSN) see the ...

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The United States needs a debt-ceiling lift and Europe needs help with debt-laden Greece (among others). That's going to make July volatile.