This cover article from this week’s Barrons. My only observation is how does one get a job by being this wrong? Everyone they reviewed failed miserably on their forecast for this year. Why would they be any better for 2012? The guy who came closest to being right, Doug Cliggot is not on the panel anymore. I guess why reward competence. By the way he is super bearish and in September projected a year end of 1100 S&P 500 for 2011, two weeks left for a big market drop to fulfill this prediction.
Buckle Up!
By VITO J. RACANELLI | MORE ARTICLES BY AUTHOR
Wall Street strategists see U.S. stocks rising 12% next year, but most of the gains will come in the second half. Europe’s response to its problems will call the tune. The case for big dividend payers.
For investors frightened by the stock market’s volatility in the past six months and tired of worrying about places in Europe once given little thought, 2012 promises scant comfort — at least in the first half. The outlook for the year ahead comes packaged with “if, then” caveats — as in, if the European Union implodes, then stocks will fall, possibly by a lot.