2nd Quarter Small Cap Newsletter
The stock market posted a strong start for the year but quickly surrendered most of its gains as the macro environment (European debt concerns and Chinas slowing economy) caused near-panic selling pressure until the last week of the quarter.
Small Cap Outlook 1Q12
While weve seen the markets advance nicely, we think the market could gain more than 25% this year as the U.S. economy continues to move ahead and the rest of the world is in stimulus mode. Most importantly, there are still plenty of bears calling for recession, despite an ongoing barrage of better economic statistics. No doubt the remainder of the year will give the stock market plenty to ponder like the U.S. Presidential election, ongoing European debt crisis fallout and concerns about Chinas economic growth. Read on to understand why were so bullish on the U.S. stock market.