By: Reuters
US stocks could fall sharply in early 2010 as investors fret about changes in US monetary policy, though the economy's recovery looks sustainable, Larry Kantor, Barclays Capital's head of research said Thursday. "It could be something in the order of between 5 and 10 percent. This is not the start of the bear market," he told Reuters on the sidelines of a briefing to unveil his firm's 2010 global outlook. Expectations that the Federal Reserve could raise interest rates have moved into sharper focus following the better-than-expected November non-farm payrolls report.
http://www.cnbc.com/id/34367117
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