My 2016 Market Forecast Is Almost Off the Charts

As usual, none of Wall Street’s so-called “top strategists” in a recent Barron’s survey are calling for stocks to decline in 2016. All of them are calling for the bull market to continue next year.

Their 2016 S&P 500 forecasts varied from a groupthink low of 2100 (Goldman Sachs’ David Kostin) to a groupthink high of 2500 (Federated Investors’ Stephen Auth). Most of the rest were crowded around S&P 2200.

My own forecast practically puts me off this chart altogether.

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Here’s How My 2015 Predictions Worked Out

The end of the year is always an opportunity to take stock of what we achieved over the last 12 months and to make plans for the next year.

So first, a report card of sorts.

Since starting this publication in September, I’ve made a lot of predictions about markets, sectors, individual stocks… I don’t get everything right, but I do my level best to make calls that are forward-looking, actionable, and accurate. (And I promise to continue to do my level best not to join the parade of idiots taking over this country, its government, its central bank, its mainstream media and its educational institutions.) Today I want to take some time to review these predictions before we chart the course for the New Year.

Then get ready, because this week I’m releasing my full 2016 Forecast for you:

  • My 2016 year-end target for the S&P 500 – it’s much different than you’re seeing from Wall Street’s so-called “top strategists.”
  • My expected trading range for the euro and the yen.
  • Where the 10-year Treasury yield will go.
  • The direction of U.S. GDP.
  • 10 stocks and ETFs that will go up (including several that are undervalued).
  • I have included a formal list of short recommendations as well; I couldn’t help myself. There are too many stocks trading at unsustainable valuations. You’ll see my top 10 shorts and my strategic recommendation for how to play them.
  • And even who I expect to win the U.S. presidential election.

First, here’s how my 2015 predictions panned out.

To continue reading click here.