Skip navigation
Watchlist Sponsored By :


Current DateTime: 08:53:28 30 Nov 2009
LinksList Documentid: 24355697
  • The Cost of True Love

      In the popular holiday song "The 12 Days of Christmas," the cost of gifts - from the 12 drummers drumming to a partridge in a pear tree - is quite pricey.

  • Runway Angels

      The superbowl of fashion shows, models walk down the runway at the 2009 Victoria's Secret Show.

  • Smartphone Guide

      Here's a need-to-know guide to nine devices, based on features, price, network and platform.

FEATURED QUIZZES


Current DateTime: 08:53:28 30 Nov 2009
LinksList Documentid: 33793611
  • Test Your Google IQ

      How much do you know about the most popular search engine in the world? Take the following quiz and find out.

  • How Well Do You Know Your Bird?

      Let's talk turkey. Test your turkey knowledge and perhaps pick up a bit of trivia to trot out at your holiday meal.

  • A Healthier & Wealthier You

      Take the following quiz and find out how much you know about the impact of obesity on the health of the U.S. economy.


Current DateTime: 08:53:28 30 Nov 2009
LinksList Documentid: 24890560
  • Holiday Central

      There are plenty of reasons to believe that this Christmas holiday season will not be as bad for retailers as last year.

  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

powered by digg
CNBC's Trillion Dollar Survey: Most See Stock Rally Continuing
By: CNBC.com | 16 Jul 2007 | 03:12 PM ET
Text Size

CNBC's Trillion Dollar Survey of top money managers and investment strategists finds expectations the stock market will continue to rally this year, the next interest rate move by the Federal Reserve will be a rate cut, and Democrats will capture the White House in 2008.

The nationwide survey of more than 60 strategists, money managers and investment advisers asked their opinions on topics including stocks, commodities, the credit markets, interest rates, the economy and the presidential election.

Among some of the results:

Stock Market:  80% of those surveyed see the Dow around 14,000 or higher at the end of the year. 72% see the S&P 500 around 1550 or higher at year end. In terms of geographic investment opportunities in 2007 - those surveyed  are most bullish on the US market for 2007 - the US & Japan in 2008. Liquidity is the strongest factor influencing the stock market right now. Rising interest rates and Congress (Taxes, other legislation) are viewed as the two biggest threats to the stock market's rally.    

Sector Strategy: Those surveyed are most bullish on the Energy & IT sectors for the balance of 2007 while IT is the clear choice for 2008. They are most bearish on Consumer Discretionary and Financials for the rest of 2007 and on Consumer Discretionary and Utilities for 2008.   

Other Markets:  Those surveyed are split evenly on the Dollar versus the Yen or Euro with a slight bias towards more weakening for the dollar. 85% see Gold around $650 or higher at year end - 49% see Gold around $700 or higher. 53% see Crude Oil around $65 or lower at year end. 75% see 10 Year Treasury Note Yield between 5 & 5.5%.         

Fed/Econ: 79% say the Fed's next move will be to cut interest rates, but 72% say the Fed won't make a move in 2007. 90% see U.S. GDP growth holding between 1-3% for balance of year.       

Politics: 72% think Hillary Clinton will win Democratic Presidential nomination. Yet, Clinton is tied with Bill Richardson with 27% each, as the Democrat those responding would want to see win the nomination. 51% think Rudy Giuliani will win Republican Presidential nomination, 47% making him the candidate they want to see win as well. 75% think the Democrats will capture the White House in 2008 - but 64% want the GOP to win.    

Private Equity: 73% said that the private equity cycle has not peaked. 83% believe growing populist and protectionist sentiment in Washington threatens the stock market rally. Despite that, 65% are for taxing private equity partnerships that go public at a corporate rate ("Blackstone Bill"). But a smaller portion, 52% of respondents believe fund managers "carried interest" should be taxed as ordinary income.

© 2009 CNBC.com
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • Ever wished your cab driver would stop chatting and just get to where you're going? Well, that moment is closer than ever.
  • UPS truck
  • UPS is giving its customers the option to offset its carbon emissions when sending a package.
  • Romania's presidential campaign has been rocked by a video that may show the president striking a 10-year-old boy.
  • alligator
  • Raising alligators is hard work, and the fickle taste of rich consumers has just made it much harder, says the NY Times.
  • A recent issue of ESPN Magazine was one of its top sellers ever, and it only took scantily clad athletes to make it happen.
  • The continued real estate boom in China is partially fueled by a generational flood of newlyweds.
ADD COMMENTS
Remaining characters


Current DateTime: 05:22:42 30 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 11:44:56 30 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 05:55:23 30 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 11:23:57 30 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters