There are plenty of reasons for a positive view to start the year. An incoming Republican administration is set to provide corporate tax breaks and less regulatory red tape, which many market participants believe will be a net positive for markets overall.
Of course, market expectations for where the S&P 500 and other indices will end the year vary widely. Firms like Oppenheimer have doubled down on their positive outlook, setting ambitious targets. On the flip side, cautionary voices like Stifel’s remind us that markets rarely grow in straight lines, warning of potential slowdowns.
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