February 16, 2012 – Quote of the Day

“When you talk to private clients, they are nowhere near putting money into equities yet. You can’t even get them to understand dividend growth, let alone buying equities, because they are still worried about losing money. People are going to be very emotional. This is going to be a year of volatility until proven otherwise,” said Brian Belski, chief investment strategist at Oppenheimer & Co.

 

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