Looking ahead
With progress made toward resolving the fiscal cliff issues, investors can focus on fundamental analysis in 2013.
Sources: CFA Institute, Bloomberg LP
The CFA Institute's annual global market sentiment survey reveals 50% of respondents view equities as the most-promising asset class in 2013, up from 41% last year. Sell-side strategists, known for their bullish nature, are predicting a gain in the S&P 500 of 7.6%.
Fixed-income experts see the era of capital gains from credit coming to an end, and believe the primary focus should shift to income generation.
Forecasters are predicting BRIC currencies are among those poised for the best total returns vs. the U.S. dollar.
