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The Steady Investor

The Steady Investor

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January 05th 2017:The 2016 Year-in-Revi...And Predictions for 2017

The 2016 Year-in-Review…And Predictions for 2017 By Mitch Zacks At the beginning of 2016, I optimistically relayed my belief that stocks would perform better in 2016 than they did in 2015. In 2015, the S&P 500 rose a paltry +1.36% on weak earnings growth propelled by the Energy sector drag. Here is a direct quote from an article I wrote in early January of 2016: “Another big part of looking ahead to 2016 is recognizing the forces that held stocks back in ’15. Earnings growth ex-Energy was healthy, so we think it’s safe to assume in the very least that there’s a ‘lane’ open for stocks

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