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The bull market has hit the three-year mark and is up now about 100% since its 12-year low on March 9, 2009. Despite the surge, however, many investors are still nervous from the recession and have remained out of the market.
But analysts predict that many of them will return to the fold now that key numbers – like the Dow 13,000 – are being breached, the eurozone crisis seems to be subsiding, unemployment has fallen, and fears of a double-dip recession have been quelled.
However, some uncertainty still remains on all those fronts. And additional concerns that rising energy costs may have a negative impact on the market are making many investors wary.