It was a good first half
of the year in the stock market, with the S&P 500 index increasing in value
by 13 percent over that time frame. And if a new survey of financial advisors,
conducted at the Morningstar Investment Conference in June, is any indication, we
might be in for a strong second half as well.
More than half of the
advisors surveyed – 53 percent - said they plan to increase their exposure to
American over the next six months. And an even larger number, 57 percent, said
they consider themselves to be bullish on U.S. equities.
A survey of money managers conducted by CNN also saw
reason for optimism. That group saw a slight uptick for the S&P 500 over
the remainder of the year, forecasting the index to finish 2013 at an overall
increase of 14 percent.
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