Presentation on theme: "Back from the Cliff: Can the Bull Charge Again in 2013?"— Presentation transcript:
Back from the Cliff: Can the Bull Charge Again in 2013?
Tax Deal: Mildly Positive Lessens uncertainty 15% top rate on dividends/capital gains for 99% of investors Even high income investors will pay less on dividends than under Reagan! What about Social Security tax “hike”?
Debt-Ceiling Debate Spending is the real problem Short-term risk: Threat of default Long-term risk: “Kicking the can” again
Reaching a Limit?
Meanwhile, the Big Easy
The Public Is In
Long Way from a Major Low Shiller P/E
4 Blue Chips for Any Weather Coca-Cola (NYSE: KO) McDonald’s (NYSE: MCD) Microsoft (NASDAQ: MSFT) Southern Co. (NYSE: KO)
Bonds: Shorten Up DoubleLine Total Return Bond (DLTNX; , $2,000) Wells Fargo Advantage High Income (STHYX; 800/ , $2,500) PIMCO o-5 Year High Yield Corporate Bond Index ETF (NYSE: HYS)
Silver on the Upswing Again
6% Yield…Plus Dollar Has Peaked Against the Rupee