Wealth Management Blog | WrapManager

Lord Abbett&Company - Market View

Written by Gabriel Burczyk | December 9, 2009

The markets are continuing to rebound and the economy looks to be on a more solid stance. The shift into riskier assets continues as investors look for yield and become less risk-adverse. Equities have rebounded strongly from the market lows, but Lord Abbett thinks that cautious consumer spending habits could mean slower economic growth and lower corporate earnings.