Get Ready for a Zero Return Stock Market in 2013
Read More: http://newsdoors.blogspot.com/2012/11/get-ready-for-zero-return-stock-market.html
The stock market bounced back from an oversold position (although a week later than I thought it would), but there aren’t too many reasons why it should go upward. For the most part, earnings growth is expected to be flat in the fourth quarter. The eurozone is in recession, and Germany expects next year to be tough. And there is the prospect of new austerity measures in both Europe and the U.S. So, other than the highest-yielding stocks, there isn’t a lot of reason to be a buyer in this market.
Some corporations increased their dividends this year, but I would say more are choosing to buy back their own shares instead, and this is troublesome.
Read More: http://newsdoors.blogspot.com/2012/11/get-ready-for-zero-return-stock-market.html
