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BofA Merrill Lynch lays out a bullish vision for 2013, and it includes much to tantalize...

  • Tuesday, December 11, 2012, 6:55 PM ET
    BofA Merrill Lynch lays out a bullish vision for 2013, and it includes much to tantalize investors: S&P to 1,600, gold pushing as high as $2,400/oz., and an accelerating housing recovery. The year ahead can be divided into two halves: The first, in which growth will be slow due partly to Spain's debt and residual effects of the fiscal cliff, and the second when those issues are resolved and growth accelerates.
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This news story has 3 comments:

  •  
    Oh Come On! Anything to drive a few investors into the waiting jaws of a Merrill Lynch Financial Advisor.
    11 Dec 2012, 07:03 PM Reply Like
  •  
    So all I have to do is invest all my money in stocks AND gold, and I'm a winner? That was easy.
    11 Dec 2012, 07:09 PM Reply Like
  •  
    I have an account with Merrill Lynch "Edge" which is their super-discount online company for do-it-yourself types like me. I get to see their research, well at least the domestic stuff. Also, I get to see Morningstar's research. Better info. than the big name discounters and no more expensive for trades. I did a fact check on the above and the 1600 target on the S&P is correct, however their price target for gold in 2013 is $2,000, not $2,400. They opine that gold might get to $2,400 by the end of 2014. Just to clarify.
    11 Dec 2012, 09:18 PM Reply Like
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