BNN.ca staff | January 9, 2013
The performance of U.S. markets will be tempered by a weak economy, lower personal incomes and the threat of a U.S. government debt downgrade, says David Darst, chief investment strategist for Morgan Stanley Wealth Management, which oversees $1.7 trillion US in assets.
For these reasons, the firm is calling for "mid to high single-digit returns" for U.S. markets this year, says Darst.
We are "not exc...
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