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US forecasters scale back 2020 expectations

Wall Street firms see sharemarket gains of just 3% in the coming year.

Nevil Gibson Mon, 02 Dec 2019

As 2019 winds down, with US investors booking their biggest gains since 2013, attention is turning to the outlook for 2020.

So far, signs are for much more modest gains. A survey of the eight major Wall Street firms, whose analysts have released 2020 forecasts, produced a median S&P 500 target

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US forecasters scale back 2020 expectations
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