The S&P 500 In 2013: A Year To Remember: 5.9% Gain In 2014 ?

Ted

FYI:
Regards,
Ted
The benchmark index is poised for a 29 percent gain this year. The S&P 500 has gained 2 percent in December, heading for its fourth straight monthly advance. The gauge climbed 3.7 percent from Dec. 13 through Dec. 27, its biggest two-week rally since July, as the Federal Reserve announced plans to reduce the pace of bond buying amid faster-than-estimated economic growth. Three rounds of stimulus, known as quantitative easing, have sent the S&P 500 (SPX) up 172 percent from a 12-year low in 2009.
Exchange-traded and mutual funds investing in shares took in about $162 billion, the most since 2000, according to data compiled by Bloomberg and the Investment Company Institute. At the same time, the S&P 500’s 29 percent advance has beaten government debt by 32 percentage points, the widest spread since at least 1978, according to data compiled by Bank of America Merrill Lynch and Bloomberg.

Equity returns will slow next year, Wall Street strategists forecast. The S&P 500 will end 2014 at 1,950, according to the average of 20 estimates compiled by Bloomberg. That represents a 5.9 percent gain over the next 12 months.

Dex

"Equity returns will slow next year, Wall Street strategists forecast. The S&P 500 will end 2014 at 1,950, according to the average of 20 estimates compiled by Bloomberg. That represents a 5.9 percent gain over the next 12 months. "

Do you know what they estimated last year for 2013?

Ted

Reply to @Dex: Your assignment, should you choose to accept it, is to find out what were the estimates for 2013.
Regards,
Ted