2011 Bespoke Roundtable
Bespoke Investment Group has just conducted a roundtable on the outlook for the economy and financial markets by surveying opinions from individuals that run 12 of “the most popular financial blogs/websites”. As the writer of the Investment Postcards blog, I am honored to have been included on the list of roundtable participants.
Each participant was asked to respond to the same 34 questions regarding their 2011 outlook as well as their take on 2010.
To start off the roundtable, Bespoke created a matrix highlighting prognostications for various asset classes in 2011. Not all participants took part in this section of the Q&A, but the ones that did are included in the matrix below. As shown, the consensus view is that the S&P 500 will be up in 2011, bonds will be down, oil will be up, the dollar will be up, US home prices will be up, and China’s stock market will be up. Interestingly, the consensus view was exactly the same as it was last year for all asset classes except for gold. Less participants think gold will go down in 2011 than they did in 2010.
Source: Bespoke Investment Group, December 17, 2010.
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