It has been a rough couple of years for the stock market. Since the start of 2018, we have had three sharp market declines, all of which coincided with developments in the so-called U.S. China Trade War. The wild gyrations in stock prices have convinced many investors that the stock market has too much risk.
The stock market had a very strong performance in 2017, and as it turned out, the Wall Street strategists were way too negative in their predictions. Their median forecast was for the S&P 500 to close at 2300, but instead, it closed the year at 2673, 16.3% above the median forecast. For 2017 the SPDR Trust (SPY), which tracks the S&P 500, was up 21.7%, while the Invesco QQQ Trust (QQQ) was up 32.6%.
Read more at Forbes
