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UPDATE: S&P 500, Nasdaq retest major support -4-
UPDATE: S&P 500, Nasdaq retest major support -8-
Most industrials are fairly valued at present, with a pocket of value in automakers.
Western Asset manager Ryan Brist expects a lot of risk in the corporates market in 2013-14, as banks pare risky lending practices and opportunities to enter or exit the bond market shrink.
Investors should keep their expectations in check with few asset classes looking particularly attractive and complacency in the marketplace, says Allocation Fund Manager of the Year David Giroux of T. Rowe Price Capital Appreciation.
Success in 2012 took many forms.