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Wall Street Strategists Are Bearish (and that’s good news!)

Wall Street equity analysts sure are a gloomy lot these days. Based on the average estimate of forecasters surveyed by Bloomberg, they expect the Standard & Poor’s 500 Index to finish the year 1 percent lower than yesterday’s close. This is noteworthy because it’s so out of character. Most of the time —82 percent during… Read More The post Wall Street Strategists Are Bearish (and that’s good news!) appeared first on The Big Picture.
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