Monday, February 14, 2011

Money Show Investors Conference - The Economy

Some bullets from multiple presentations. These are a consensus from the experts:
  • U.S. recession recovery is on firm footing.
  • Expect a half-speed economic recovery with inflation less than 4% through 2014.
  • U.S. economy is projected to grow 2-4% this year.
  • There is significantly more optimism this year.
  • Market experts predict the S&P 500 will increase 10 percent this year.
  • Bull markets typically run for 2-4 years and this one is in year 2 with no hint of fading yet.
  • Gold will trade in the $1200-1500 range.
  • Unemployment will continue to range between 8-9% this year.
  • Full housing recovery is not expected this year.
  • Consumer confidence is at its highest level in some time.
  • But many investors remain on the sidelines.


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