Wall Street’s 2020 Prediction: The Stock Market Will Have a So-So Year

As 2019 winds down, the S&P 500 is up 25% and headed for its biggest annual gain since 2013, thanks partly to a global shift in monetary policy and tentative progress in the U.S.

and China’s trade negotiations. The bull run’s trajectory for next year looks like it will be far more modest, say investment-bank strategists who are tasked with forecasting the stock market’s performance....

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