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UI Finance Professor Hopes Stock Prices Bottom Out

A University of Iowa finance professor says he's cautiously optimistic that U.S. stocks have greater upside potential than they've had recently and that prices have already factored in a lot of bad economic news.

Todd Houge, assistant professor of finance in the Tippie College of Business, points to the fact that despite a long string of bad economic numbers in the past two months, most major stock indices are continuing to trend up from the lows they hit in November.

WOWT-TV is based in Omaha.

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