Salient to Investors: The S&P 500 Index is up 82 percent since Obama took office, closer to its all-time high than any other stock markets, and at 14.9 times reported earnings, the biggest discount to MSCI’s global measure since March 2010, and 9.1 percent below the five-decade mean – the last two times the ratio
READ MORE... →Salient to Investors: Tobias Levkovich at Citigroup predicts the S&P 500 will hit 1,615 in 2013. Brian Belski at Bank of Montreal predicts the S&P 500 to hit 1,575 in 2013. Savita Subramanian at Bank of America expects the S&P 500 to hit 1,600, but straight up, in 2013 on record earnings, reduced concerns about the global economy, and
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