Oh Noooo .. The Sky is falling
Well this is certainly news to me - (as well as T. Rowe Price, Goldman Sachs , Prudential , Edward Jones, Fidelity and others. Though macroeconmics may interject some volatility in 4th QTR (until fiscal bump in the road is resolved by congress ) Markets are still poised to end 2012 posting decent gains.
| | U.S. Stocks |
| | Total Return1 |
Index2 | Third Quarter 2012 | Year-to-Date |
DJIA | 5.02% | 12.19% |
S&P 500 | 6.35 | 16.44 |
Nasdaq Composite | 6.17 | 19.62 |
S&P MidCap 400 | 5.44 | 13.77 |
Russell 2000 | 5.25 | 14.23 |
As Edward Jones cites - About half the country is disappointed in the election results, and slightly more are pleased by President Obama's reelection. But almost everyone is relieved that the election is over – in fact, it appeared the market celebrated on Election Day when the Dow rose 133 points. However, stocks have reversed course sharply,
as investors refocused on the year-end fiscal cliff, Europe's debts and other concerns that had been temporarily overshadowed by the election. Whether you're elated or distressed by the election outcome, there are some investment decisions you may want to consider – and a few lessons to learn, too. The most important thing to remember is that
it's not a good idea to make emotional investment decisions based on your fears or excitement about the election or short-term market moves. Your financial future is more likely to be determined by your actions than the election results.
Money managers pay relates to performance and there is renewed pressure on them to come through as the end of a year looms. Bloomberg surveyed 12 Wall Street strategists and found them collectively forecasting one of the largest 4Q rally in 13 years. They think that the S&P 500 will rise 15% this quarter. While Wall Street experts are forecasting the
stock market to end 2012 with double-digit gains 4th quarter may be a bit of a roller coaster , but 2012 will end with yeild.
Perhaps before making outlandish "Stock market is crashing" remarks , one should research , read , and educate themselves.
and
not mix politics with long term investment strategies. My personal portfolio has posted exceptional 2012 gains well above DJI and S&P (I don't invest in Tech)
Semper Fi