Where Your Dreams Become Reality
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Subject: RE: Dow to close 2011 at 13,000 or above
Kind of early in the year for me to decide for sure, but I THINK the market slowly moves up from here while unemployment continues to slow drop until November. A big decline in the markets would surprise me more in 2012 than a big gain.
Gallup today came out with news that according to their info, the unemployment rate has jumped back up to 9%. I don't see that being what the government states for February, but we'll see.
Still lots of unknowns. Greece continues to weigh on the minds of investors (unwarranted I think), and tensions between Iran and Israel could cause a sharp downturn if something happens. The US economy though is looking strong...manufacturing continues to kill it, even to the point that many manufacturers want to start hiring but there are is a lack of skilled laborers out there...they will have to hire and train. We should not expect continued market growth that doesn't have a pull back or two though.
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