Companies at a crossroads

Despite a lack of corporate earnings growth in 2012, a surge of investor confidence boosted US stocks. But experts at Invesco don't believe that type of market rally is sustainable for the longer term. Looking ahead, we expect the market environment to be tougher in 2013 as companies face a crossroads: continue to hoard cash at the long-term expense of future growth, or reinvest in their business at the shorter-term expense of profit margins?

FEB 02, 2013

By Invesco

Despite a lack of corporate earnings growth in 2012, a surge of investor confidence boosted US stocks. But experts at Invesco don’t believe that type of market rally is sustainable for the longer term.