Barron's is out with its latest Big Money Poll of portfolio managers, getting their takes on what the market and the economy will do over the coming year.
Here is a quick summary of some key results:
- 55% of investors are either bullish or very bullish. Just 14% are bearish or very bearish.
- Technology and finance are the two sectors expected to do best over the next 12 months.
- Utilities are the least popular sector.
- Just 2% (!) of respondents are bullish on Treasuries. 81% are bullish.
- 52% see inflation as likely over the next 12 months. Just 4% anticipate deflation.
- 77% of respondents think the EU will survive.
- 55% don't approve of what the Fed has done.
- 66% of respondents think Obama will win re-election.
- But over 70% of respondents think Romney will be better for the economy and the stock market.
Check out the full results here >
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