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Our midyear check-in, by phone, with the wise guys and gals on our panel found their views little changed since January. They still expect stocks to climb by roughly 5% over the course of the year, except for the few who think the market is due for a fall. The Roundtable members say earnings growth, not price/earnings ratio expansion, will be the primary propellant of equity prices, especially as results in the energy sector improve.
Regards,
Ted
https://www.google.com/#q=Barron’s+2016+Midyear+Roundtable:+24+Investment+Ideas+Barron's
