At the end of 2011, we pointed to three signs that the U.S. stock market would see a meaningful rally in 2012: pent-up demand for hard goods, solid corporate balance sheets with improving profits, and reasonable earnings multiples.
We continue to believe the U.S. market will benefit from the first two, but after the stunning rally of the first quarter, opportunities are a lot more scarce than they were just three months ago. We're still finding values, however, particularly among more economically sensitive sectors. Click here to read more of our quarterly stock market outlook.
Plus, get director of economic analysis Bob Johnson's forecast for the economy as well as our analysts' sector-by-sector take on the big themes and best opportunities in this special report.