U.S. Stocks Rise on Better-Than-Forecast Manufacturing – Bloomberg 10-01-12

Salient to Investors:

James Paulsen at Wells Capital Mgmt said recovering manufacturing will significantly reduce recession fears, while fears regarding the euro zone have been diminishing in recent months.

Richard Sichel at Philadelphia Trust said people should focus on economic news – equities end up being the investment of choice.

Barron’s reported Michael Mayo at CLSA saying that Goldman Sachs is poised to rise amid a capital market recovery.

Read the full article at http://www.bloomberg.com/news/2012-10-01/u-s-stock-futures-rise-before-manufacturing-report.html