2013 S&P 500 Predictions
Articles:
Comments: Obviously I do not have the expertise, acumen or gravitas as the others! My prediction is simple 5% growth and presumes that the fiscal cliff is resolved.
This is the Blog of a guy who retired from a major financial institution in technology. I chose the title "Cold Fusion Guy" because I love programming in Cold Fusion
Posted by Jim Peet at 12/26/2012 12:20:00 PM
Labels: SP 500
S&P to Hit 1550 in 2013: Strategist
ReplyDeleteThe S&P 500 will hit 1550 this year after an initial bumpy ride in the first half of the year, Chad Morganlander, Portfolio Manager at Stifel Nicolaus predicted Wednesday.
"It'll be a bumpy ride for the first half of the year - we expect U.S. GDP to be around 2 percent but it will be dead in the water for the first quarter to second quarter and then re-emerge once capital spending kicks in and the housing market improves. We should see a return of around 7 to 8 percent in the United States based on S&P earnings of $105 for 2013,"Morganlander said
Another prediction 2 months into the year
ReplyDeleteWhy Investors Should Expect S&P 1600 by the End of 2013
Currently at 1513.