1. Tough as Teflon.
- Author
-
Racanelli, Vito J.
- Subjects
SECURITIES industry ,MARKETING strategy ,CORPORATE profits ,EQUITY (Law) ,FINANCIAL markets - Abstract
The article discusses the performance of the U.S. securities industry in 2012, vindicating the most bullish 2012 forecasts of 10 prominent market strategists "Barron's" surveyed in December 2011. It also presents the strategists' corporate profits and equity sectors outlook for the rest of 2012 and profit projection for 2013. It talks about political risks as the big wild card for the financial markets in 2012, and the threat of a European banking crisis that affects the rest of the world.
- Published
- 2012