Wall Street Strategists Herding Together In 2017
Heading into the new year Wall Street Strategists are estimating the S&P500 will finish at 2356 in 2017. This is about a 5% gain for the year and it’s the least optimistic strategists have been since 2005. Also the difference between the lowest and highest estimates is only 9% which is the smallest gap on record going back to 1999.