The past year offered an interesting mix of positive and negative news as investors around the world eagerly anticipated signs of economic recovery and financial stabilization. While most financial markets logged positive returns for a second straight year, investors had to endure a host of troubling news and pessimistic market predictions.
The New Year is now upon us and brokers are notorious for offering up their top picks for this year. Should you trust them? If the previous few years are any indication, probably not. The Wall Street Journal published an article looking at the track record of the top picks for the last few years and it was not impressive when compared the least recommended stocks.