Bob Lee, a Chief Equity Strategist with People's United Bank, joins us to answer some investment questions. What are you telling clients about your outlook for stocks? "We've been overweighting stocks in client portfolios throughout 2012. And, though the market is up nicely this year (16% on the S&P 500) we still think stocks are attractive today, selling at only 13X earnings. Stocks today are cheaper relative to bonds than they have been in some time and there are many offering attractive dividend yields as well."
Source: wcax.com
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