Wall Street has tamped down stock market expectations in 2016 for a variety of reasons.
Less accommodative monetary policy, slow growth and geopolitical concerns only get the ball rolling. There’s a whole slew of reasons why the year ahead may be only marginally better than the current malaise that is the 2015 equities picture.
Citigroup has been one of the more pessimistic forecasters, estimating that the economy has a 65 percent chance of veering into recession and expressing a generally muted view of conditions overall.
