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Stronger Economy Will Make Stocks Attractive in 2011: Pro

Friday, 3 Dec 2010 | 3:07 PM ET

Will investors return to stocks in 2011? David Kelly, chief market strategist at JPMorgan Funds, shared his insights.

Cash Coming Off the Sidelines
There are signs the individual investor is getting off the bench and into the game. Michael Farr of Farr, Miller & Washington and David Kelly of JPMorgan Funds discuss.

“Individual investors can make money by moving back towards equities and that is something we’re going to see over the next year,” Kelly told CNBC.

“And we’ve been seeing the first signs of it in the last few months.”

Kelly said there are signs that investors are becoming more balanced and expects to see a “push and pull” effect taking place in 2011.

“People are going to be pulled into equities by a stronger economy, but will be pushed out of bonds by worries that rising interest rates could inflict some losses on those bond funds,” he said.

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Scorecard—What He Said:

  • Kelly's Previous Appearance on CNBC (Nov. 30, 2010)

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More Market Analysis—Read and Decide:

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CNBC Slideshows:

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CNBC Data Pages:

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Friday's Top Dow Gainers (as of this writing):

Du Pont

Alcoa

Caterpillar

3M

Walt Disney

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Disclosures:

No immediate information was available for Kelly or his firm.

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Disclaimer

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CAT
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DIS
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