Analysts Project More Record Highs for Stock Market

Ad Feedback

The market started off the year with the strongest three months since 1998. Now investors are expecting stocks to keep doing well for the rest of 2013.

Analysts say history has shown that when stocks are strong in the first quarter they do well the rest of the year. But some investors caution they've been going up for several months and that the market is due for a pullback.

Many analysts still think the market will set more record highs later this year and next year. They also expect the price of oil to move up too. They're mixed on prospects for other investments, like gold and silver.

"The U.S. is not showing signs of going into a recession and the Federal Reserve has clearly signaled that they will remain accommodative for the foreseeable future," said Troy Logan, managing director and senior economist at Warren Financial Service. "And that's good for asset prices."

Log in or create an account to post a comment.  

CBN IS HERE FOR YOU!

Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBNNews.com

CBNNews.com

CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.