Extract report from Yahoo Finance: =====> What I expect for 2015 – *Stronger dollar fueled by continued US economic outperformance *Depressed energy prices and as a result tame inflationary pressures in the economy *Continued low interest rates for at least the first 2 quarters. *Second two quarters will be dominated by a rising interest rate paradigm. *At least one pullback or correction of 10% or more during 2015 *Shift in rates will sponsor equity market volatility and possible correction if coupled with an additional geo-political risk-off theme. However, trend will regain traction higher. *Lower unemployment rates – potentially breaking below 5% *Shrinking Federal Reserve balance sheet *Shrinking Federal budget deficit as a percentage of GDP *Long awaited return of first time home buyers Out performance by large cap over small caps due to relatively reasonable valuations, moderating risk appetite on the part of investors, a rising rate environment and less excess liquidity in the system. 2015 Year-end targets: S&P 500: 2275 Dow: 20,450 10-year Treasury yield: 2.65 Gold: $1050.Oz Crude oil (WTI) $52.00/ barrel – with a great deal of intra-year volatility Fed Funds rate 1.15 GDP + 3.4%
Posted on: Mon, 22 Dec 2014 14:29:40 +0000