Tuesday, November 22, 2016

U.S. News: Wall Street Predictions for 2017

By SIMON CONSTABLE

What happens to the markets in 2017?

The outlook for stocks is positive, but which sectors of the market do better or worse partially depends how what policies the President-elect Donald Trump implements.

First, the economy looks set to speed up next year, to 2.3 percent growth versus 1.5 percent this year, according to estimates from PNC Financial Services Group. Faster growth is very important because it should lead to better company earnings. Read more here.