GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Tuesday, January 7, 2014

Bob Doll's 2014 Economic and Market Predictions

The U.S. economy will grow 3% as housing starts surpass one million and private employment hits an all-time high, says Bob Doll, Chief Equity Strategist for Nuveen. That's one of his ten predictions for 2014. He also predicts the 10 year Treasury note will yield 3.5% and stocks will end the year higher, but with a 10% correction along the way. Doll is also forecasting that cyclical stocks will outperform defensive ones in the coming year while M&A, Cap-ex and buybacks soar.

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