What you need to know heading into 2020:
RBC CM expects 2020 to be a year of moderation, turbulence and transition in the US equity market.
- But still expect positive US equity market returns, though less robust than that of 2019
- New year-end target is 3,350, representing a gain of ~7% from November 26th close
- Risk of a pullback near-term is high in RBC CM's opinion - either later this year or in 1Q20
Click here to learn more about the Outlook for 2020