video Finance Videos
Ringing in investing 2013
Monday, December 31, 2012 - 01:59
Dec. 31 - 2012 was a great year for stocks with the Nasdaq up 16 percent and S&P 500 gaining more than 13 percent. A look at what investors can expect in 2013. Bobbi Rebell reports.
▲ Hide Transcript
▶ View Transcript
2012 was a great year for stocks with the Nasdaq the biggest winner of the major indexes. It closed with a yearly gain of about 16 percent. The S&P 500 up more than 13 percent, and the Dow up 7 percent. Here are some thoughts on what to expect in 2013. Bob Brusca of Fact & Opinion Economics: SOUNDBITE: BOB BRUSCA, CHIEF ECONOMIST, FACT & OPINION ECONOMICS (ENGLISH) SAYING: "I think it will be a pretty good year for markets. I think the stock market will probably have a better than average year, but I think its going to be a difficult first half and a better second half." There's one key sector to watch according to Douglas Blake of Newbridge Securities: SOUNDBITE: DOUGLAS BLAKE, SENIOR WEALTH MANAGER, NEWBRIDGE SECURITIES (ENGLISH) SAYING: "The financials are really the lifeblood of the U.S. economy and therefore the stock market. So 2011 the financials were the worst performing sector of the 10 sectors in the S&P 500. 2012 they were the best so that's interesting. Seeing the financials perk up suggests, and again the market is a forward looking instrument, that the future is bright for the U.S. economy, bright for the financials, and it's an exciting year from that perspective. " But Gary Townsend of Hill Townsend Capital thinks the markets will have a rocky start to the year: SOUNDBITE: GARY TOWNSEND, PRESIDENT AND CEO, HILL TOWNSEND CAPITAL (ENGLISH) SAYING: "Right now, when I look at the markets I see us a bit exhausted at these levels and I'd be surprised given the macroeconomics and the political environment that we don't see some weakness in early 2013. And so I think we could see a drop back to the low 1300s which would be about an 11-percent pullback, and then a high for the year of about 1500." Finally: a reality check for investors heading into 2013. Those who played defense in 2012, investing in bonds or staying in cash were left in the dust by those who took the riskier path and bet on equities which returned double digit gains.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code
Ringing in investing 2013
Monday, December 31, 2012 - 01:59
Top News »
5:59pm GMT - (1:03)
5:10pm GMT - (1:45)
4:53pm GMT - (1:59)
3:49pm GMT - (0:59)
7:19am GMT - (1:56)
Thu, 14 Feb, 2019 - (1:43)
Thu, 14 Feb, 2019 - (0:59)
Thu, 14 Feb, 2019 - (0:40)
Thu, 14 Feb, 2019 - (2:10)
Thu, 14 Feb, 2019 - (1:27)
Thu, 14 Feb, 2019 - (1:56)
Thu, 14 Feb, 2019 - (1:15)
Editors' Picks »
4:40pm GMT - (1:55)
Thu, 14 Feb, 2019 - (2:50)
Thu, 14 Feb, 2019 - (2:00)
Thu, 14 Feb, 2019 - (1:24)
Thu, 14 Feb, 2019 - (1:58)
Wed, 13 Feb, 2019 - (1:40)
Wed, 13 Feb, 2019 - (1:40)
Tue, 12 Feb, 2019 - (1:48)
Tue, 12 Feb, 2019 - (1:38)
Business »
10:42am GMT - (1:56)
2:37pm GMT - (1:56)
4:03pm GMT - (1:43)
2:57pm GMT - (1:48)
5:49pm GMT - (4:04)
4:09pm GMT - (1:40)
4:00pm GMT - (1:48)
2:17pm GMT - (1:40)
12:28pm GMT - (1:20)
10:53am GMT - (1:46)
Thu, 14 Feb, 2019 - (1:03)
Thu, 14 Feb, 2019 - (1:10)
Featured Videos
Living dangerously, one foot at a time, in 'Free Solo'
Climber Alex Honnold's death-defying ascent of El Capitan in California's Yosemite National Park is taking him to the Oscars, where a film about his feat will compete for the movie world's highest honour
The elusive black panther is spotted in Kenya
Images of a rare African black leopard - known as panthers - have been captured in Kenya, the first verifiable record of the animal for nearly 100 years
Meghan being harassed just like Diana - George Clooney
The media are harassing Meghan Markle just as they did Princess Diana, who was killed in a car crash while being pursued by paparazzi, her friend George Clooney says
Palm oil's PR battle turns to satellite imagery
Companies including Nestle, Unilever, and Ferrero are increasing the use of satellite imagery programs to monitor their palm oil supply chains. Critics say it may boost a corporation's green credentials, but does little to stop mass deforestation
VR app brings South Africa's fossils to your phone
Excavation sites at the famous Cradle of Humankind can now be explored by visitors using a free mobile virtual reality app
Technology »
6:47pm GMT - (1:20)
6:43pm GMT - (1:13)
Tue, 12 Feb, 2019 - (1:22)
Tue, 12 Feb, 2019 - (1:39)
Mon, 11 Feb, 2019 - (1:32)
Fri, 08 Feb, 2019 - (2:05)
Thu, 07 Feb, 2019 - (1:38)
Wed, 06 Feb, 2019 - (1:27)
Tue, 05 Feb, 2019 - (1:37)
Tue, 05 Feb, 2019 - (1:43)
Entertainment »
6:51pm GMT - (1:24)
12:18pm GMT - (2:20)
11:03am GMT - (2:04)
2:45am GMT - (2:00)
Thu, 14 Feb, 2019 - (0:42)
Thu, 14 Feb, 2019 - (2:19)
Thu, 14 Feb, 2019 - (1:23)
Thu, 14 Feb, 2019 - (0:47)
Wed, 13 Feb, 2019 - (0:52)
Wed, 13 Feb, 2019 - (0:50)
Wed, 13 Feb, 2019 - (0:46)
Wed, 13 Feb, 2019 - (1:40)
Sports And Leisure »
Thu, 14 Feb, 2019 - (1:27)
Thu, 14 Feb, 2019 - (0:45)
Thu, 14 Feb, 2019 - (1:01)
Wed, 13 Feb, 2019 - (1:32)
Wed, 13 Feb, 2019 - (1:00)
Wed, 13 Feb, 2019 - (0:50)
Tue, 12 Feb, 2019 - (1:19)
Mon, 11 Feb, 2019 - (1:25)
Mon, 11 Feb, 2019 - (1:20)
Mon, 11 Feb, 2019 - (0:43)
Oddly Enough »
7:18am GMT - (0:42)
12:41am GMT - (1:36)
Thu, 14 Feb, 2019 - (1:01)
Thu, 14 Feb, 2019 - (0:59)
Thu, 14 Feb, 2019 - (1:34)
Thu, 14 Feb, 2019 - (1:26)
Wed, 13 Feb, 2019 - (0:49)
Tue, 12 Feb, 2019 - (0:40)
Mon, 11 Feb, 2019 - (2:19)