Bloomberg: "No One Can Agree on Where The Stock Market Will Be in Six Months"

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Excerpt from Bloomberg quoting DataTrek’s Nick Colas:

…. “When it comes to the future of the stock market, investors’ predictions are all over the map.

When asked where the S&P 500 Index would end the year, a fifth of respondents to a survey conducted by DataTrek Research said the benchmark will close out 2020 up more than 10% from current levels. That’s roughly the same number who predicted the index will finish down more than 10%.

“Every option from ‘really bad’ (down +10% from here) to ‘really good’ (+10%) got basically the same number of votes,” Nicholas Colas, DataTrek’s co-founder, wrote in an email. “And we’re only talking about the next six months”….

Read the full article here on Bloomberg!