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Merrill ‘unapologetically bullish’ for 2013

Posted on 12 December 2012

The price of gold and the U.S. stock market will both hit record highs in 2013, contend forecasters at Merrill Lynch. The projections, made Tuesday at the investment bank’s annual outlook conference, are some of the most bullish in the current batch of year-end brokerage forecasts, the annual ritual in which investment analysts spend part of December peering into their crystal balls for clues on where their clients will find the best opportunities over the next 12 months.
Merrill’s upbeat take is based on its view that the global economy will strengthen gradually next year, as major central banks continue their easy-money policies………………………………………..Full Article: Source


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