U.S. Stock Futures Fluctuate as EU Ministers Meet – Bloomberg 10-09-12

Salient to Investors:

Randy Bateman at Huntington Asset Mgmt said everybody is in a wait-and-see mode.

The IMF said global growth will rise 3.3 percent in 2012, the slowest since 2009, and 3.6 percent in 2013, sees alarmingly high risks of a steeper slowdown, with a 1-in-6 chance of below 2 percent.

US stocks are at 14.8 times earnings, a 9.8 percent discount to their 5-decade average ratio.

Wall Street strategists are unanimous in projecting the S&P 500 will surpass its 2007 record in 2013.

Read the full article at http://www.bloomberg.com/news/2012-10-09/u-s-stock-futures-little-changed-as-eu-ministers-meet.html