Close
Bonneville Phoenix Network
 KTAR News
 Arizona Sports
92.3 FM KTAR
Menu
Social
Latest News

News Summary: Fund managers see strong 2013 market

(AP) - PLENTY OF UNCERTAINTIES: Mangers of stock mutual funds say it's more difficult than usual to predict what the market will do next year. Key issues include the "fiscal cliff" negotiations in Washington and tax and spending questions that lawmakers must deal with in 2013.

STRONG FUNDAMENTALS: Many fund managers remain optimistic for 2013 because corporate profits remain strong. Earnings have recently grown at a slower pace than in 2011, but they're still increasing.

STOCKS DISCOUNTED: Stocks remain modestly inexpensive, based on price-earnings ratios. That's a measure that shows investors how much they're paying for a dollar in earnings.


(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
CenturyLink Give-A-Thon for PCH Give-A-Thon for PCH

Comments

comments powered by Disqus
Latest News