Saturday, August 1, 2015

What's in store for Wall Street in 2013?


Wall Street watchers expect 2013 to be a moderately good year for investors.

An article in USA Today looks at predictions by eight big banks, who almost universally agree that the standoff between conressional Republicans and the White House over fiscal policy is the biggest impediment to the market.

The article says that the eight big banks see an average 7% gain for the S&P 500. Unknowns: The financial situation in Europe, the Middle East and the direction of China's economy.

Read the entire story on USA Today.

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