Business
US fundie predicts 25% share market gain in 2021
Since we are well and truly now in the fabled ‘twelve days of Christmas’, many investors are starting to turn their attention to the year in front of us, and what tidings it might bring. After such a year in 2020, it’s hard to know what 2021 has in store for investors.
Could it bring a market crash? Another flat-ish year? Or a year that sees the S&P/ASX 200 Index (ASX: XJO) break above its most recent highs we saw back in February. Perhaps it could even test 8,000 points for the first time ever?
The answer will of course be obvious in hindsight. But since we don’t yet have the benefit of that, let’s look at what an expert thinks.
According to reporting in the Australian Financial Review (AFR) today, an American fund…
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