No summer rest for investors

SunTimes – There’s plenty for investors to ponder as the lazy days of summer arrive.

The stock market is steady again after a stomach-churning May. But the Standard & Poor’s 500 index is still down 12 percent since a bull-market rally peaked two months ago. A weak housing market, high unemployment, a huge U.S. deficit and Europe’s sovereign debt crisis all remain cause for concern.

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