Wall Street Webcasting Presents Wells Fargo Securities: The 2012 Asset Performance Scorecard
NEW YORK - (BUSINESS WIRE) - Wall Street Webcasting presents exclusive video of Rich Gordon, the highly regarded Fixed Income Market Strategist of Wells Fargo Securities (NYSE: WFC). With this week being the last show of 2012, Gordon takes a look at some of the key financial sectors.
On the fixed-income and equity ETFs; the S&P had a good year, almost equaling emerging markets stocks, which Gordon believes shows "how correlated the world's stock markets have become." Gordon also takes a look at the performance of the TBT, who for the third year in a row, and fourth out of five being short treasuries, resulted in a depressing outcome. Gordon gives his take on what this may spell for 2013.
Taking a look at interest rates and liquid products, we revisit the four factors that could cause downward pressure on the money market yields.
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