Nobody saw 2016 coming — especially not Wall Street.
Trump, Brexit, the Fed and Dow 20,000 (almost) — most everything that’s roiled or rocked the markets in the last six months of this unpredictable year was missing from Wall Street’s forecasts, according to a review of 2016 outlook research papers.
Every year, banks and independent research companies release reports predicting the major trends for the next 12 months to caution investors about buying opportunities and hidden market dangers.
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