2012 has already been an eventful year for advisors and investors. The stock market has been on a nice run (Dow up 5% so far) while significant mergers, acquisitions and high-profile IPOs have given Wall Street and Main Street plenty to mull through the first month and a half of the year.
And there will even more developments for advisors and investors to watch later this year considering that a dozen countries – including the U.S. – accounting for more than half the world’s GDP by purchase power parity will be holding elections that are sure to impact all facets of the world economy.
Here’s an
Between China’s ever-changing and increasingly critical economic outlook, the proposed tax-reform measures outlined in President Obama’s fiscal 2013 budget and the impending “IPO of the Century” from Facebook, advisors and their clients will have to pay excruciatingly close attention to all these macroeconomic and geopolitical developments to generate solid returns through the rest of 2012.
Source: Neuberger Berman’s investment strategy group.