Reporter Sarah Foster from Bankrate compiled research that reveals about 85 percent of market professionals expect the S&P 500 to close higher than it is now, with the average forecast calling for a year-end target of 3,364. In her article, she quotes wealth advisor, Matt Nadeau, about what issues may arise in 2020. “The biggest issue for most of the year is just the unknown. Companies and investors may be taking a ‘wait-and-see’ approach before making investment decisions. With a wide range of potential policy outcomes, it is hard to know the long-term impact,” says Nadeau.
