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Concerns cloud glee over strong gains on Wall St

Several top fund managers say they don't expect stocks to do much in 2015

Published Sun, Nov 23, 2014 · 09:50 PM

New York

US stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indices on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows.

The S&P 500 is up 13.7 per cent from an intraday low hit on Oct 15, and the gains since then have been broad. Since that bottom, all but 21 S&P 500 components are higher.

The magnitude of the rally has some concerned. Several notable fund managers at …

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