This Year’s Sour Stock Market Made Wall Street Bearish for First Time Since 1999 – Bloomberg


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One bad year in the stock market has turned Wall Street strategists into bears after two decades of bullishness.
The average forecast of handicappers tracked by Bloomberg calls for a decline in the S&P 500 next year, the first time the aggregate prediction has been negative since at least 1999. Most of them turned progressively more dour as the worst year in the market since the financial crisis moved toward its end.


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