The S&P 500 isn’t just in record territory on the chart. It’s also on one of its best annual winning streaks ever. #-ad_banner-#2016 was the eighth consecutive year that the S&P 500 finished in the green. That is the second-longest annual win streak ever, even including its 1982 to 1989 run. The S&P 500’s best annual winning streak stands at nine years, stretching from 1991 to 1999. 2017 is the year the S&P 500 has a chance to tie this impressive streak. There’s no question U.S. stocks will have their work cut out for them this year. U.S. and global… Read More
The S&P 500 isn’t just in record territory on the chart. It’s also on one of its best annual winning streaks ever. #-ad_banner-#2016 was the eighth consecutive year that the S&P 500 finished in the green. That is the second-longest annual win streak ever, even including its 1982 to 1989 run. The S&P 500’s best annual winning streak stands at nine years, stretching from 1991 to 1999. 2017 is the year the S&P 500 has a chance to tie this impressive streak. There’s no question U.S. stocks will have their work cut out for them this year. U.S. and global economic growth remain stubbornly slow. The S&P 500’s average P/E ratio is at a multi-year high. And higher bond yields are attracting more attention from investors. Despite the usual bevy of challenges, I believe the S&P 500 is up to the challenge. There are three reasons the leading U.S. index is set to close the year at another all-time high. The S&P 500 Will Return To Earnings Growth In 2017 The S&P 500 has been trapped in a nasty earnings recession for most of the last six quarters. That streak was finally broken in the third quarter when earnings… Read More