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Mario Gabelli's Predictions and Stock Ideas for 2013
Posted by: CanadianValue (IP Logged)
Date: January 10, 2013 09:42AM
Gabelli has a few ideas and thoughts for us about what is ahead for 2013. His observations include:
- China and Japan, which combined are 20% of the global economy, are both stepping on the accelerator as they have new leadership.
- Business in America was weak in December because of the fiscal cliff uncertainty.
- When he looks into 2014 he gets quite bullish as the European issue is going to be behind us.
- He is starting to see some retail money coming back into stocks.
Guru Discussed: Mario Gabelli: Current Portfolio, Stock Picks
Stocks Discussed: SPY, DJI, QQQ,