We're looking at the Fed being accomodative for the forseeable future,said Stephen Wood,chief market strategist at Russell Investments.We think there is gonna be a glacial improvement in the labour market;2014 is gonna be an OK year.
Investors need to look to a diversified portfolio and Europe.Look to equities with the market where it is right now.Security selection,stock picking,active management are gonna be very important.
They need to go over this market with a fine-toothed comb.It's getting more challenging,but there are still opportunities out there,Dr.Wood observed.*
They fought 3M,the best American innovator,and they lost,said CNBC analyst Jim Cramer.Blackberry isn't as bad as people think.Look at Sprint.Management turned it around.Sprint needed a lot of money.Someone gave them a fortune-Softbank-and they're staying competitive.
Clorox is supposed to be an 85 in this situation.It is 92.80.The playbook says you should sell Clorox,but they're not going down.We're in a hope springs eternal market.This is Klaus Kleinfeldt's year at Alcoa.
As CDs roll over,what are people going to do?People have to drop their cynicism and drop their polemics.It's a good market,the successful investor Jim Cramer noted.*
Clorox(CLX),Sprint(S),Blackberry(BBRY),3M(MMM),Alcoa(AA)
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