Thursday, July 31, 2014
Inquirer Daily News

Erin Arvedlund

Erin Arvedlund is an Inquirer Staff Writer living in Philadelphia.

If you think America's recovery could be stronger, you have some sophisticated company. Rebecca Patterson, Bessemer Trust's chief investment officer, says the U.S. economy could surprise investors with more upside in 2014 and grow "comfortably above" 3 percent this year, compared with the Bloomberg economists' consensus of 2.6 percent for 2014, and the 1.7 percent growth the United States is expected to report for the year just ended.
Out of all of his forecasts, the one that sticks out among Robert Doll's "2014 Ten Predictions" is that the stock market will perform admirably - after suffering a 10 percent correction.
Forecast: Stronger economy; wage increases
The case for a correction in stocks
5 predictions for 2014 from a Wall Street insider

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