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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

Published Tue, Dec 29, 2015 · 09:50 PM

    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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