Predictions:
David Bianco of Deutsche Bank no longer expects a near term rally of 5 percent or more because of uncertainty about the Greek election, but maintained his year-end prediction of 1,475 on the S&P 500.
David Trone of JMP Securities expects some of the largest financial institutions to underperform due to concern that Europe will experience significant damage.
Michael Hartnett of Bank of America said history shows that any multiyear rally in U.S. stocks depend on bond yields reaching an inflection point and rise in response to stronger growth and a healthier global economy- three inflection points in the past century foreshadowed stock-market booms during the 1920s, after World War II, and throughout most of the 1980s and 1990s.
Read the full article at http://www.bloomberg.com/news/2012-06-15/u-s-stock-futures-rise-amid-speculation-on-stimulus.html