Investment Review & Preview 2007-2008: Meet the Market Monitors
Wednesday, December 26, 2007
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Meet the Market Monitors
As part of the annual "Investment Review & Preview" special airing January 1, 2008, NBR asked five of its regular "Market Monitors" to predict how the market will move in 2008. Preview these experts' predictions below.
| The Panel of Market Monitors: | |
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Abby Joseph Cohen Chief U.S. Investment Strategist Goldman Sachs Abby's bullish on stocks in 2008, but warns investors to be cautious about bonds. She predicts the DJIA will end the year at 14,750. |
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Alfred Goldman Chief Market Strategist A.G. Edwards Al's also bullish on stocks in 2008. He expects the economy to gain strength after mid-year. Technology is one of his favorite sectors for the new year, and he predicts the DJIA will end the year at 14,200. |
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Mark Leibovit Chief Market Strategist VRTrader.com Mark's another bull. He expects good things from the yen carry-trade, Henry Paulson, and Ben Bernanke. Housing is one of his favorite sectors for the new year, and he thinks the Dow will end the year at 14,800. |
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Eugene Peroni, Jr. Senior Vice President Advisor's Asset Management Gene is the fourth bull of the bunch. He expects surprises in the market in 2008, thanks in part to an easing by the Federal Reserve. Health care is one of his favorite industries for 2008, and he predicts the DJIA will end the year at 14,900. |
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James Stack President Investech Research Jim is the only bear in this bunch. He expects more bad news from the housing sector and thinks inflation concerns will pressure the Fed. Soft-drink beverages are one of favorite sectors in the new year, and he predicts the Dow will end 2008 at 12,400. |
