It’s been a good year for the benchmark S&P 500. Through Friday, the index has gained 22.6% year to date!
Conventional wisdom suggests that, despite the U.S. presidential election coming in a matter of weeks, that rally will continue through the end of the year.
The latest Bloomberg Markets Live Pulse survey found that nearly 80% of respondents expect the Q3 earnings season to provide enough fuel to push the index to 6,000 by the end of the year. That would mark a 2.3% increase from the S&P 500’s current position.
This post appeared first on Money & Markets, LLC.