Glassman Wealth Services LLC

In our Monthly Economic report, we take an in-depth look at the changes in our markets and the effects of economic policy nationally and globally. This broader perspective provides greater clarity in understanding the forces that affect investment performance and future expectations. Click Here to Read More.

For many strategists, it is never too early to start predicting the future. In this instance, the annual ritual of S&P price targets is already in full gear for 2011.

Equity strategists are actually doing quite well for 2010, with the markets only a few points away from the year end price target that was estimated at the beginning of this year.  It should come as no surprise that analysts are expecting the markets to climb higher next year, resulting in a gain of slightly less than 10%.

For the first time in nearly two years, fixed income mutual funds experienced a net outflow.  In the two weeks ending November 24^th, bond funds recorded outflows of roughly $6 billion.  Compared to the massive flows into bond funds over the previous two years this may seem rather insignificant, but it may be the start of a shift in sentiment for investors.