What Top Fund Managers Expect in 2017
If you thought 2016 was an up-and-down year, next year could be an even bumpier ride, say the investment pros we spoke with.
As well as stock markets have done this year--the S&P 500 is up 10 percent year-to-date as of this writing--it's been a wild ride, to say the least. The correction in January, the Brexit surprise, and Donald Trump's unexpected victory are just some of the events that have left many investors feeling increasingly uncertain.
Still, many money managers are cautiously optimistic about 2017. It's far from clear as to how President-elect Donald Trump will impact domestic and global events next year and what Europe's populist push means for equities. But if U.S. GDP growth does indeed expand faster than it has, that's good news for investors. That's what several Morningstar Medalist managers told us when we asked them for their 2017 market outlooks. Here's what else they had to say.
Bryan Borzykowski does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.