With a variety of benchmark ETFs hitting multi-year highs on 7/7/11 ? Powershares Nasdaq 100 (QQQ), iShares Russell 2000 (IWM), iShares DJ Transports (IYT) ? investors have placed the May-June swoon in their rear view. What?s more, economically sensitive sectors like tech and consumer discretionary are leading the charge. In fact, some analysts believe that the momentum in cyclicals is a clear sign that the U.S. economy will accelerate in the second half of the year.
There are other theories, however. Some believe that - economic warts and all - U.S. stocks may be the best house on the equity block.
For example, Jeremy Siegel, co-founder of WisdomTree and author of Stocks For The Long Run, contends that U.S. stocks are more attractive today than he?s ever seen them. He bases his belief on the fact that, when interest rates are in a low to middle-interest rate range, the average
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