Wednesday, January 7, 2015

Here's what the experts predict for stocks and economy in 2015

Wary optimism, not great expectations, pinpoints the outlook for stocks in 2015, top equity strategists told our sister site, ThinkAdvisor, in interviews earlier this month.

Next year -- the third in the U.S. Presidential Election-Year Cycle and historically a strong one for stocks -- is pegged as a continuation of the long bull market, though a handful of significant emerging shifts could make the ride less than smooth.

“There are lots of big, pivotal changes in terms of the direction of various indicators,” says Savita Subramanian, head of U.S. equity strategy at Bank of America Merrill Lynch. “We have the first Fed tightening in nine years, OPEC’s behavior that effectively signaled they’re playing a long game of not cutting oil production -- arguably, to stem the U.S. shale story; and a stronger U.S. dollar.”



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