“It’s hard to make predictions – especially about the future!”
That's what S&P’s Rich Peterson jokingly said to Dylan Ratigan on CNBC’s Closing Bell, when they were talking about the future of stocks. Of course he’s repeating a quote widely attributed to baseball legend, Casey Stengel.
But then, picking stocks is a little but like playing baseball. It takes skill, talent and a little luck.
We can't help you on the baseball side of things -- but, as for stocks Peterson has some predictions we thought you'd find interesting. He tells Ratigan, “healthcare and consumer staples are anticipated leaders,” for 2009.