Barron's Big Money Pole: Bulls Rule for Now

Barron's Big Money Pole: Bulls Rule for Now

After the financial crisis of 2008-09, resilient investors made U.S. stocks great again. Whether lured by the hope of renewed earnings growth or a dearth of attractive alternatives, they piled into the market, pushing the major indexes to successive peaks. Based on the findings of Barron’s latest Big Money poll, stocks could go even higher from here, propelled by a stronger economy and a rotation out of high-yielding shares and into more growth-oriented issues. U.S. money managers expect the Dow Jones industrials to rally about 9% through the end of 2017. 

Our latest poll finds 45% of respondents bullish or very bullish about the market’s outlook through the middle of 2017, up from the spring poll’s record-low tally of 38%. The increase owes largely to a defection from the fence-sitters’ camp, with only 39% of poll participants calling themselves neutral on equities today, down from 46% in the spring.

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