Predicting a Stampede

No one is predicting a stampede on the Stock Exchange, except moi. Pallid and vacillating bulls are appearing on the horizon. Gary quotes Barclays 2011 prognosis:

Economic data over the past few months clearly indicate that the global recovery is intact, and fears of a double-dip recession have abated. Barclays recommends pulling back from emerging markets and instead focusing on developed world economies with EM exposure. Specifically, it favors US industrials, technology and energy "which benefit from an improving domestic growth outlook.

I prefer Israeli financials (Bank HaPoalim, Insurance houses).