Wall Street in 2016: Strategists list what could possibly go wrong

New York

BY all rights, 2016 should be a good year for the US stock market.

The Federal Reserve's recent rate hike signals confidence in the economy and presidential election years typically reward investors. Most specialists are predicting a seventh year for the current bull market, with strategists in a recent poll expecting the Standard & Poor's 500 stock index to end 2016 at about 2,207, roughly 8 per cent higher than it is now.

But a lot could go wrong. The same strategists have catalogued a long list of worries - everything from a destabilising US election to a meltdown far away - that could hit stocks hard.

Here is their laundry list of concerns. For those who'd rath…