Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.


Yahoo Finance: “Sure, we could see another year of double-digit returns”

By admin_45 in IN THE NEWS Yahoo Finance: “Sure, we could see another year of double-digit returns”

Excerpt from Yahoo Finance quoting DataTrek co-founder Nick Colas:

.... "DataTrek Research looked back at the history and observed that the market delivered three (or more) consecutive years of >10% five other times: 1942-1945, 1949-1952, 1963-1965, 1995-1999, and 2012-2014.

While it wouldn’t be unprecedented to have another year of double-digit returns, it would be pretty unusual. And DataTrek’s Nicholas Colas has his doubts.

“If we had to guesstimate, we’d say 80% of all the baseline good news expected in 2021 is already incorporated in an S&P 500 at 3,700 in late December 2020,” Colas wrote last week"....

Read the full article here on Yahoo Finance!

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.