Nomura’s Joseph Mezrich sees market rally continuing as profits recover

Bears who warn the U.S. stock market has gone too far too fast — the broad Standard & Poor’s 500 index is up 18 percent year to date — may not get much vindication anytime soon. Investors should see stocks continue to rally as long as corporate profits keep recovering, says market expert Joseph Mezrich (pictured), Nomura Securities International’s head of quantitative research. Read the rest of this entry »