by Emily McCormick
The S&P 500 has more than doubled from its March 23, 2020 nadir.
The S&P 500 is unlikely to repeat these kinds of returns next year, based on the projections of a number of pundits.
Market participants pricing in at least one interest rate hike from the Federal Reserve, and an initial boost from the reopening, and monetary and fiscal stimulus fading, the easy gains for this cycle are likely in the past.
And at least one strategist thinks stocks are set to decline at least modestly next year from current levels.
Source: Yahoo Finance
https://finance.yahoo.com/news/stock-ma ... 59328.html