2026 Looks Less Risk-On and More Cautious Optimism
Market strategists see plenty of potentially unpleasant surprises.
Where are the lumps of coal lurking?
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2025 is almost over, and attention is already moving beyond this week’s central bank meetings — the last major financial events of the year — to 2026. Bloomberg’s regular survey of the major Wall Street strategists finds them braced for the S&P to get to 7,269 by the end of next year. That’s 5.8% above where it is now, perched slightly below the record it set in October: