NEW YORK – Expect 2007 to be a good year for stocks overall, although the ride will be a bit on the bumpy side.
That was the general consensus among panelists speaking at the 10th Annual Market Forecast Lunch on Thursday, hosted by the New York Society of Security Analysts.
The speakers included Ralph J. Acampora, managing director at Knight Equity Markets; Richard Bernstein, chief U.S. strategist and head of the investment strategy group at Merrill Lynch; Ian Bremmer, founder and president of the Eurasia Group; Stephen S. Roach, managing director and chief economist at Morgan Stanley; Liz Ann Sonders, chief investment strategist at Charles Schwab & Co. Inc.; Jason DeSena Trennert, managing partner and chief investment strategist at Strategas Research Partners, and David A. Wyss, chief economist at Standard & Poor’s.
The panel was moderated by Vincent Catalano, president and chief investment strategist at Blue Marble Research.
For complete coverage see Monday’s issue of WWD.