NEW YORK - U.S. stocks will keep rising in 2020 but at a much more modest pace than this year, with plenty to potentially slow the ascent, according to a Reuters poll of strategists.
Most - 15 out of 21 respondents - said they expected the bull market would extend into 2020 and run for at least a year. “Comparisons are going to be easier next year” for earnings, said Brian Belski, chief investment strategist at BMO Capital Markets in New York. “Everyone is so focused on near-term earnings and how they’re negative. That’s not the way to look at it.”Following 2018’s sharp, tax-cut fueled gains, S&P 500 companies are expected to increase earnings overall by just 1.1% in 2019. Growth is forecast at 10% for 2020, according to IBES data from Refinitiv.
Among the biggest uncertainties for the market will be the drawn-out trade war between the United States and China, which stands to further hurt global growth, and the 2020 U.S. presidential election, strategists said.Almost all respondents said the market would see further upside in the event of a partial trade deal, with some seeing the potential gains as significant.
TRUTH: Don’t you find it interesting that people are happy with President Trumps economy, and are making money. CANT HANDLE TRUTH: then, there’s the communists who take the money, try and take your country all well trying to impeach the person responsible for the prosperity!
'U.S. stocks to keep climbing in 2020'? You can't POSSIBLY know that.
All the one percent have to make the economy look good for their fearless leader during election season
Trump's manipulation of the markets
How’s the recession talk from the summer going ? Corporate media is the enemy of the people.
But what's happened to the predicted crash you keep peddling..
Profits are up, as wages are kept low! Afterall the share holders must be kept happy! Question: Is there a linear relationship between a rise in the stock market and the aging of baby boomers?
Companies buying their own shares in massive ponzi scheme
look at the tape, stock market declined 12/18 so comparing without adjustment makes 19 look very good and 20 hard to match
Here is a future 🚀🚀🚀🚀🚀🚀:
Stocks ALWAYS rise in the USA because of jingoistic traders and their myopic national pride.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »