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November 21, 2013 9:31 PM

Dow 16,000 is latest milestone, but can the long rally continue?

Much of Wall Street remains confident. “Remember, we’re investing in stocks. We’re not investing directly in the economy,” said Dwayne White, chief investment officer at Tower Wealth Managers in Kansas City. White said the record Dow reflects an almost ideal environment for stocks. Inflation is low, and the modest recovery keeps it that way while still chipping away at unemployment.

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