Salient to Investors:
Frank Velling at BankInvest recommends reducing holdings of equities as the global rally in stocks will fade as the budget dispute in Congress and election will stifle growth. Velling said global stocks can’t rise much more on monetary stimulus – any further advance rely heavily on a pick-up in U.S. economic growth.
Read the full article at http://www.bloomberg.com/news/2012-09-19/u-s-fiscal-cliff-will-halt-stocks-rally-bankinvest-says.html