When Picky Analysts Pick

摘要

Back and forth. back. and forth. no, this isn't baseline tennis. It's the Dow Jones industrial average, which has generally been stuck in a trading range—9000 to 10,500—for the past five years. "While the Fed is as accommodative as it's been since the late 1970s," says Brian Wesbury, chief economist at Griffin, Kubik, Stephens & Thompson, "potential inflation could really knock earnings growth down to single digits." The market might get stuck in a trading range for a few years more.