The AAII New York City Chapter presents...

"Can Income Be Increased Without “Yielding” to Temptation and Will Equities Catch a Second Wind?"

    Discussed by:

    Sam Stovall
    Chief Equity Strategist, S&P Capital IQ

Sam Stovall will explain why he believes that the half-speed growth projection for the U.S. is threatened by the expected European recession and soft landing (at a minimum) in China. In this economic context, he will discuss whether earnings will rise 6% in 2012 as estimated and the market will catch a second wind. As an alternative he will consider whether fluctuating currencies, flagging economies and faltering profits will result in a decline in the S&P 500. In either case, he foresees interest rates remaining near zero through 2014. Thus, increasing returns in equities without major risk, whether through capital gains or dividend income, becomes a major issue for investors.

Attend This Meeting and Learn...
Whether the U.S. economy will pick up the pace
Whether the projected first-half slowdown in projected S&P 500 earnings is temporary or the new norm
Whether value can still be found in high-yielding stocks in the context of extremely low bond yields

Wednesday, May 2, 2012
5:45 p.m.    Registration
6:15 p.m.    Program
7:45 p.m.     Refreshments (wine & snacks)
The Community Center at St. Jean Baptiste Church
180 East 76th St.
Manhattan, NY
[ Map This Location ]
In Advance* (received by 4/25), Everyone, $26/person
At the Door* (space permitting), Everyone, $30/person
Please register at the door if timely mailing of the registration
form is not possible.

Next SIG Meeting: Wednesday, June 20, 2012 Details in the June 2012 chapter meeting announcement.

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