Instant Alert: Here's what 14 Wall Street pros are predicting for the stock market in 2016

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   Here's what 14 Wall Street pros are predicting for the stock market in 2016 by Akin Oyedele and Bob Bryan on Jan 4, 2016, 10:04 AM Advertisement It's 2016. And if you're invested in stocks, you're probably wondering where the market will head this year. The bull market is in its sixth year. And with global economic growth slowing, earnings growth flattening, the Federal Reserve tightening monetary policy, commodities prices dreadfully low, and the dollar unusually high, there's a feeling that the bull run's end is near. But most Wall Street's pros wouldn't say so. Of 14 top equity strategists followed by Business Insider, not one sees the S&P 500 ending 2016 below 2,050. Note, the S&P closed 2015 at 2,043.9.  One stubborn bull sees the index surging to 2,325. We've rounded up the calls from the top firms on Wall Street. We also included their original 2015 price targets, so you can see where the strategists stood a year ago compared to where the market is now. Many of these were revised as the year unfolded. 2,050 - Societe Generale 2016 year-end target: 2,050 2016 EPS forecast: N/A 2015 year-end target: 2,200 Comment: "The S&P 500 should absorb the Fed rate hike and finish the year flat. US dollar strengthening and high bond yields offset the strong US GDP growth already priced in. The presidential election in November 2016 could also be a source of volatility for US equities," said Alain Bokobza. Source: Societe Generale 2,100 - BMO Capital Markets 2016 year-end target: 2,100 2016 EPS forecast: $130 2015 year-end target: 2,250 Comment: "We believe the S&P 500 will likely suffer its first calendar year loss since 2008," wrote Brian Belski. "However, we continue to believe the longer-term outlook for US stocks remains bright, and we remain confident with our call that US stocks are in the midst of a secular bull market." Source: BMO Capital Markets 2,100 - Goldman Sachs 2016 year-end target: 2,100 2016 EPS forecast: $120 2015 year-end target: 2,100 Comment: "We forecast the S&P 500 index will tread water for a second consecutive year in 2016," wrote David Kostin. "Our year-end 2016 target of 2100 represents a 1% price gain from the current index level (2089), which itself is just 1% above the year-end 2014 level of 2059."  Source: Goldman Sachs See the rest of the story at Business Insider   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011