Updated: 12/06/2012 9:35 PM KSTP.com
FROM BUST TO BETTER: The housing market that collapsed five years ago is slowly on the mend. That will help underpin job growth, consumer spending, and the whole economy in 2013, says Charles Schwab & Co.’s Chief Investment Strategist, Liz Ann Sonders.
WITH ASSISTANCE: U.S. manufacturing will also improve, aided by stronger demand from emerging markets. That will help offset the declining government spending, Sonders says.
GOOD VALUE: Stocks are also attractively valued compared with their long-term, historical averages. That should also help attract demand.
(Copyright 2012 by The Associated Press. All Rights Reserved.)