Stocks could surge 22% next year, BTIG's Julian Emanuel says (via TradingNation)
Since then, the index has soared 37%., contends investors still haven't fully embraced stocks. According to Emanuel, the hesitation has been going on for the entire length of the bull market."In any great bull market, whether you think of technology in 2000 or houses over the course of the last couple of decades, it always ends or at least gets closer to the end when the public gets enthusiastic," he said. "We think this is the year.
Once there's more progress on trade, global growth and the 2020 presidential election, he believes more investors will want to put money to work in stocks again.If there are positive developments, Emanuel suggests he'll reevaluate his 2020 forecast.
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