Prudential offers optimism, despite concern, for financial markets
Jan 06, 2012
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Prudentials market experts showed “optimism” for gains in the financial markets this year, but said some risks could weigh on investors earnings.
Calling it an “unusual uncertain time,” Ed Keon, managing director of Quantitative Management Associates, said Europe remains his top concern, noting that China, India and other economies and global hot spots could face major problems in 2012 that could disrupt U.S. markets. Turmoil in U.S. politics adds to the worries,” he said in a statement.
“A stronger-than-expected 2012 stock market is more likely than a very weak one, with U.S. economic da