Agile Computing Authors: Kevin Benedict, Liz McMillan, Carmen Gonzalez, Jim Kaskade, Lori MacVittie

News Feed Item

BMO Experts Look Back at 2012, Announce Predictions for 2013

TORONTO, ONTARIO and NEW YORK, NEW YORK -- (Marketwire) -- 12/31/12 --

Editors Note: There are three images associated with this press release.

Top economic and market strategists from BMO Financial Group released their economic and market analysis of 2012 and made their predictions for 2013 and beyond.

Brian Belski, Chief Investment Strategist, BMO Capital Markets:

--  North American stocks are set to deliver another positive performance in
    2013 with the U.S. setting the tone. 
--  BMO Capital Markets models indicate the S&P 500 will attain a price
    target of 1,575 for 2013, up 9.38 per cent from its current level, with
    earnings of $106; the S&P/TSX will reach 12,900, up 4.11 per cent from
    its current level, with earnings of $900. 
--  Sector preferences are based on balance sheet strength, consistent
    growth, and improved operating metrics versus the overall markets, given
    our earnings forecast and uncertainty related to the global macro
    backdrop. Sectors in U.S. to watch include Industrials, Energy and
    Information Technology; sectors in Canada to watch include Financials
    and Industrials. 
--  Given the still extremely low global interest rate environment,
    investors should be looking for stocks with strong dividend
    characteristics - both dividend yield and consistent dividend growth.

Douglas Porter, Deputy Chief Economist, BMO Capital Markets:

--  The U.S. economy grew faster than Canada's in 2012 for the first time
    since 2004. We look for the gap to widen in 2013, as the U.S. housing
    sector continues to recover - growing at its fastest pace in 30 years
    next year - while Canada's housing market continues to lose altitude. 
--  China's growth rate should pick up slightly in 2013, thanks to firmer
    U.S. demand as well as domestic stimulus measures. More broadly, we look
    for many emerging markets to regain some strength next year, as the
    aggressive interest rate cuts by many economies begin to pay dividends
    next year. 
--  It looks like the Bank of Canada will preside over a third consecutive
    year of no change in interest rates. We also doubt that his successor at
    the Bank of Canada will move on rates either, as the next rate hike in
    Canada will likely not come until 2014. Similarly, we expect yet another
    year of no change in U.S. interest rates, as the Fed will continue to
    run an ultra-loose policy stance until the jobless rate drops below 6.5
    per cent (versus 7.7 now).  
--  Firmer commodities should keep the Canadian dollar above parity with the
    greenback on average in 2013, after it averaged almost precisely par in

Paul Taylor, Chief Investment Officer, Fundamental Equities, BMO Asset Management Inc.:

--  Throughout 2012 Europe faced various challenges; however the European
    Union's commitments to keeping the Euro intact helped them muddle
    through. This pronounced commitment will continue to help Euroland in
    its uphill recovery in the next few years. 
--  At a similar rate during the 2012 fiscal year, the U.S. economy will
    continue its path of moderate growth in 2013. 
--  Closing out 2012, the U.S. government should come to an agreement on how
    to address the fiscal cliff. 
--  A big surprise in 2012 was investors flocking to bonds as a safe
    investment choice during a volatile market environment. 
--  The equity market will deliver better returns in 2013 driven by
    continued economic growth and investor confidence.

To view the images associated with this press release, please visit the following links:

Brian Belski: http://www.marketwire.com/library/20121220-BrianBelskiLG.jpg

Douglas Porter: http://www.marketwire.com/library/20121220-DougPorterLG.jpg

Paul Taylor: http://www.marketwire.com/library/20121220-PaulTaylorLG.jpg

Media Contacts:
Rachael McKay
(416) 867-3996
[email protected]

Peter Scott
(416) 867-3996
[email protected]

Martha McInnis
(212) 702-1992
[email protected]

Valerie Doucet
[email protected]

Internet: www.bmo.com
Twitter: @BMOmedia

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and ...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Intelligent machines are here. Robots, self-driving cars, drones, bots and many IoT devices are becoming smarter with Machine Learning. In her session at @ThingsExpo, Sudha Jamthe, CEO of IoTDisruptions.com, will discuss the next wave of business disruption at the junction of IoT and AI, impacting many industries and set to change our lives, work and world as we know it.
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, will discuss the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They will also review two "free infrastruct...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
Join IBM November 2 at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how to go beyond multi-speed it to bring agility to traditional enterprise applications. Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls...
Although it has gained significant traction in the consumer space, IoT is still in the early stages of adoption in enterprises environments. However, many companies are working on initiatives like Industry 4.0 that includes IoT as one of the key disruptive technologies expected to reshape businesses of tomorrow. The key challenges will be availability, robustness and reliability of networks that connect devices in a business environment. Software Defined Wide Area Network (SD-WAN) is expected to...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...