Investment Review & Preview 2008-2009: Meet the Market Monitors
Wednesday, December 31, 2008
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Meet the Market Monitors
As part of the annual "Investment Review & Preview" special airing January 1, 2009, NBR's Jeff Yastine asked five of its regular "Market Monitors" to predict how the market will move in 2009. Preview these experts' predictions below.
| The Panel of Market Monitors: | |
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Abby Joseph Cohen Senior Investment Strategist Goldman Sachs Abby's bullish on stocks in 2009, and expects U.S. stocks and high-quality corporate bonds to begin to pay off. She predicts the S&P will end the year at 1,150. |
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Mark Leibovit Chief Market Strategist VRTrader.com Mark is the bear of this bunch. He's looking to gold stocks and mutual funds in 2009. He sees the DJIA rising higher, but closing the year at just 6,500. |
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Eugene Peroni, Jr. Senior Vice President Advisor's Asset Management Gene is bullish on stocks in 2008. He sees big gains for energy, telecom, and infrastructure stocks. He predicts the DJIA will end the year above 11,000. |
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James Stack President Investech Research Jim has abandoned the bears for the bulls. He sees the recession ending in mid 2009 and expects telecom services and info-tech to benefit. He predicts the DJIA will end the year just under 10,000. |
