Stocks Appear Attractive Over Next 6-12 Months

Our market models at CCM continue to paint a positive outlook for stocks, and risk assets in general, over the next twelve months. Positive fundamental data and global growth projections averaging 4.3% for the coming year continue to outweigh concerns about sovereign issues in Europe, a U.S. housing market weighed by continued foreclosures, and high unemployment. A read of this morning’s news aligns well with a positive stock market outlook. The Wall Street Journal reported the number of manufacturing jobs in the U.S. in 2010 grew 1.2%, or 136,000, the first increase since 1997, with another rise is expected in 2011. U.K. jobless claims unexpectedly dropped in December to the lowest in...

Source:
http://article.wn.com/view/2011/01/19/Stocks_Appear_Attractive_Over_Next_612_Months/

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