Wall Street in 2016: Strategists list what could possibly go wrong
Their concerns include a destabilising election and a meltdown far away that could hit stocks hard
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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.
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