cabinboy wrote:
“My prediction: The U.S. stock market will continue to do well over the next two quarters, unless interest rates are raised unexpectedly.”
That’s my general feeling too, although it’s a hunch as much as anything else. I’m a pretty big fan of Morningstar, who still feels the market is pretty undervalued.
I do expect a shift from growth towards value and from small to big as fears of slowdown/inflation continue sinking in. I’d point to the skyrocketing price of Coke and the Dow’s general outpacing of the other indices as pieces of evidence for that. Again, just guessing, but in the short run my guesses have been fairly good lately.
