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I think we'll see some sideways in here but be higher by years end. GDP for the 2nd quarter was revised higher again to 4.6%, the Fed is obviously going to be dovish unless GDP explodes and we post +300k jobs consecutive months in a row. Plus, the 4th quarter is almost always positive for stocks....
On the negative side is geo-political worries around the world and slowdowns in Europe and China. Throw in mid-term elections here and there's enough uncertainty to keep things in perspective but I think we'll add 4-6% onto the S&P 500 to finish the year in the low teens...
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