S&P 500 Likely To End Year Strong, But Election Uncertainty May Cause Short-Term Volatility, Says Yardeni: 3 Key Factors Investors Are Watching

Benzinga · 03:50

As the market is seeing a consolidation phase following a strong surge, the question in the minds of investors is whether the rally has stalled. President and Chief Investment Strategist of Yardeni ResearchEd Yardenioffereda sober near-term outlook and a bullish prediction for the year-end.

Whither Goes Market? "Our hunch is that the stock market will continue to churn around current levels, rotating and remaining below its July 16 record high of 5667.20 through the presidential election," said Yardeni in the firm's weekly market update on Sunday, co-authored withEric Wallerstein. "We expect a strong yearend...

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S&P 500 Likely To End Year Strong, But Election Uncertainty May Cause Short-Term Volatility, Says Yardeni: 3 Key Factors Investors Are Watching

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