2. The stock market is expected to have much smaller gains next yearFischerrx6 | iStock | Getty Imageswith Wall Street firms targeting an average 3,320 for the S&P 500 by the end of 2020, according to a CNBC survey. Such an advance, representing a 2.4% gain from Friday's record high close, would be less than a tenth of what the index's 2019 return. The S&P 500, on average, gained 6.6% in the fourth year of a presidential term when a Republican is seeking reelection.
A General Motors assembly worker works on assembling a V6 engine, used in a variety of GM cars, trucks and crossovers, at the GM Romulus Powertrain plant in Romulus, Michigan, August 21, 2019.Economists are looking for a December reading of 47.4 compared to 46.3 in November. A reading below 50 is typically seen as a sign of an economic slowdown and contraction in the sector.
Yeah sell everything
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