REO Capital, LLC - A Capital Introduction Firm
REO Capital Survey's Wall Street and Main Street
With the fiscal cliff behind us and to be fair, these predictions predate Congress last-minute solution and probably several budget battles ahead, not to mention more coming from Obama Care,  & healthcare taxes, and with higher taxes in corporate, payroll, and personal taxes, It will be interesting to see what happens in 2013. 
 
For the record, here’s a recap of what Wall Street and Main Street thinks will happen over the next 12 months…
 
Stocks
Economics professor and American Finance chairman predicts stocks will be “up about 10 percent for the year”. The average American is less optimistic: The people we surveyed said they think the market will be up only 5 percent. We believe the only thing keeping this market in an uptrend is the low interest rates. When the federal reserve decides to raise rates this market will fall back to lower support levels.
 
Oil
Our experts at the energy department predict a dip in oil prices this year, down to an average of $98/barrel. The man on the street, is predicting oil will end 2013 at $120/barrel.
 
Housing
What do you get when you combine the prediction of more than a hundred economists, strategists, and real estate pros? Zillow says that says home prices will be up 2.5 percent this year. Main Street thinks that’s pretty close, offering a prediction of an increase of 3 percent.
Meanwhile, CNBC news thinks home prices will be up “about 5 percent, Oil at $110 per barrel by year end, and Stocks up some 5%.” You’ll find financial predictions nearly anywhere and everywhere in between, and with the ranges covered, somebody’s bound to be on the money!
 
So what do you think??
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John Denes
CEO
REO Capital, LLC
Detroit, MI USA
London, England UK
REO Capital Survey's Wall Street and Main Street - continued.
 
This latest rally in 2013 in the Dow Jones Industrial Average is not based on the performance of our economy, it is merely based on low interest rates! This rally in the Dow is unsustainable and does not have the legs to be held up thus REO Capital predicts a correction in this market. So far 100 companies out of the 500 in the S&P 500 index have announced they will not meet first & second quarter earnings for 2013!
 
The stimulus for any large correction could come from any number of sources. As we experienced with the Greek crisis, the catalyst for such an event may not be within the control of local government or within the ability of regulators to forecast or foresee. Such events tend to exceed international borders and if occurs, will likely affect global markets and their exchanges.
 
To diversify your Institutional portfolio in 2013 take a look into our Private Equity Funds & Hedge Funds.
 
So what do you think??
Share your predictions with us on our Facebook page - REO Capital, LLC - Capital Introduction Firm | and "Like" us on Facebook. Help us reach our goal of 1000 "Likes" on Facebook!!!
Best Regards,
The Team at REO Capital
 
REO Capital, LLC | 3075 Benstein Rd. | Commerce Township | MI | 48390