I can hardly believe it, but we’re already nearing the final trading days of 2012. It has been quite an eventful year for the market, with the Dow gaining over 7% and the S&P 500 advancing nearly 13%. We’ve started to see a real turnaround in the general economy—most notably the housing market and the jobs picture. And while for much of the year the U.S. remained the oasis in the global slowdown, we’re just now experiencing a resurgence in global stocks.
While we have another four years under President Obama, there’s no doubt that the playing field will be changed somewhat next year. And a lot could change just in the next week, depending on how Congress decides to handle the Fiscal Cliff. But whichever way things go in the next few days, you can count on me to keep on top of the latest news and update you through this daily blog.
Just as a general reminder, the markets will be closed on Tuesday—New Year’s Day. And because I’ll be busy getting ready for the upcoming earnings season (starting with Alcoa Inc. (AA) on January 8), I’m taking Monday off as well. But come Wednesday morning I’ll be recharged and ready to resume posting to the blog as well as my Stock of the Day feature.
Whatever your plans are, I hope you have a happy and safe New Year and I’ll see you in 2013!