Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : News Links and Chart Links -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (4189)	12/19/2002 4:43:55 PM
From: Softechie	Read Replies (1) \| Respond to of 29602

Douglas Cliggott: Next Year's Market May Reflect '02 - Investment Strategist 19 Dec 16:05 NEW YORK (Dow Jones)--Next year's markets could look a lot like 2002, said Douglas Cliggott, investment strategist for Brummer & Partners. "We think economic growth will be very sluggish next year," he said in a CNBC interview Thursday. Cliggott believes stock valuations need to come down before the risk-reward ratio evens out. Additionally, bond yields probably won't go much higher, he believes. Investors could find some stock picks in the defense, consumer staples and health-care sectors, but "buying an index fund isn't our idea of an attractive move right now." Brummer & Partners is a privately owned asset management group in Stockholm, Sweden. -By Amy Braunschweiger, Dow Jones Newswires; 201-938-2205 (END) Dow Jones Newswires 12-19-02 1605ET