This week's market rout brought the S&P 500 to around 2,900. And Bank of America predicts the index will stay there as we close out the year.
As the new year approaches, there are several smart investing moves you may want to consider to make sure your holdings still match your goals.When it comes to the forecast for the markets and your investments, there's good news and bad news.may not climb any higher in the last months of this year, according to Bank of America Merrill Lynch.
How well the market has done this year depends on how you look at it. Since the lows of December, the market is up more than 16%, according to the firm. But from September 2018 to September 2019, earnings and performance are actually flat. After breathing a sigh of relief that a downturn isn't coming, investors would be wise to keep an eye on four other forces that could shape the economy and markets, according to Hyzy.
LOL Not only are stocks not going to go much higher....they are likely to FALL very substantially.....valuations are EGREGIOUS......and growth/earnings/trade/political headwinds....
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