2013 ADVANTAGE BULLS
After reviewing the latest data for January and February I'm even more convinced of a remarkably strong 2013.
In 2012 the S&P ended up 13% which was great considering how 2011 turned out.
2013 from my estimates should have us ending up somewhere between 30% and 40% higher based on historical data and the recovering housing market.
IF I'm correct the following 24 months will experience an inflow of money into stocks like we have never seen before and disbelievers will turn into hard core believers.
2013 data looks to have all the attributes of a game changer in that investor psychology will shift profoundly from whining, pessimistic barbarians to greedy,
optimistic barbarians.
IF 2013 ends as strong as I believe it will be, we may see interest rates rising sooner than expected possibly as early as the first quarter of 2014.
We continue to climb the wall of worry but it is starting to become more fun especially
IF my thinking is correct.
Disclaimer
Please note I do this for my own addictive pleasure and to put my ideas on the line so that I can remind myself of how little I know.
As always conduct your own due diligence so you can demonstrate how little you know too.
Remember this is all based on historical data so what will the future bring?
ReplyDeleteNo one knows except your wife of course.
The S&P should be at 2000 by the end of the year. Ron Taylor
ReplyDelete