Stocks Gained +16% in 2020; Wall Street Expects +7.6% In 2021
Published Friday, January 1, 2021 at: 6:43 PM EST
Despite the unexpected +16.3% return on stocks in 2020 and although the worst days of the COVID 19 crisis are likely still ahead, Wall Street strategists’ mean forecast for the Standard & Poor’s 500 in 2021 is for a +7.6% gain.
The Wall Street forecasts in this chart have been compiled annually since 2007 based on an article published in Barron’s in December every year. The venerable financial magazine asks strategists from 10 leading Wall Street firms for their forecast for the S&P 500 stock index and which industry sectors they expect to be the biggest winners and losers in the next 12 months.
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