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Dow digs out of its hole

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The Columbus Dispatch
“The market is basically saying there is not a lot of bad news out there,” said James Angel, an associate professor of finance at Georgetown University’s McDonough School of Business. “The sequester came, and the world did not end on March 1; the war in Afghanistan is winding down; the energy situation seems to be improving; and the housing market is on the mend. The world is not ending, and I think that is being reflected in stock prices.”