by Clif Droke
We’re about to enter that time when financial commentators offer up their best guesses as to what investors can expect in the Near Year. It always makes for fun reading, but it also never fails to disappoint. Instead of engaging in that tired exercise in futility, investors would do better to focus on something more productive. And that would be next year’s most likely catalyst for stock and commodity prices.
Instead of asking the fruitless question, “At what price will the S&P 500 finish in 2017?” wouldn’t it be better to ponder what could possibly stimulate asset prices out of their lethargy? Granted, this is as much a guessing game as the former question. But at least applying critical thinking to the catalyst question, investors are almost certain to uncover some hidden opportunities for profit.