Sonders Sees U.S. Stocks Outperforming in 2012

Charles Schwab’s Liz Ann Sonders, whose economic predictions have been very accurate over the past several years, says she expects the U.S. to continue to slowly grow in 2012 and the stock market to revert to a more normal environment. Sonders tells MarketWatch she thinks volatility and correlations will decline in the coming year, which should benefit individual investors who have been frustrated by the “risk-on, risk-off” trade of the past few years. She also says that the U.S. can grow even if Europe is in recession, and that U.S. stocks will likely outperform non-U.S. stocks in 2012. She particularly likes technology and industrial plays.