<\/p>\n
Market ends down for the week<\/p>\n
The market ended down 2.1% for the week, hit by weak profits, falling commodity prices, fears about China, and the Boston Marathon bomber.<\/p>\n
Highlights from Barron’s Big Money poll<\/p>\n
1. About 1\/3 of money managers expect the DJIA to get to 16,000 by the middle of next year.<\/p>\n
2. 74% of managers consider themselves bullish or very bullish through December of 2013, this is a high percentage.<\/p>\n
3. 86% are bullish on stocks for the next 12 months.<\/p>\n
4. 94% like \u00a0what they see for the next five year.<\/p>\n
5. Managers are skeptical about gold, bullish on commodities longer term. Bonds and cash have few fans. Europe is out of favor.<\/p>\n
Gold Miners<\/p>\n
Barron’s ran a piece by Andrew Bary this week writing that gold miners are so hated that now might be a good time to get in, echoing our comments of April 15.<\/p>\n
BDCs<\/p>\n
Barron’s also wrote about business-developments companies (BDCs) this week. Both Ares Capital and Golub Capital, two companies we like, were listed in a table titled “Best Bets on BDCs”.<\/p>\n","protected":false},"excerpt":{"rendered":"
Market ends down for the week The market ended down 2.1% for the week, hit by weak profits, falling commodity prices, fears about China, and the Boston Marathon bomber. Highlights from Barron’s Big Money poll 1. About 1\/3 of … Continue reading