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Analysts Projecting 27% Gain in S&P 500 Defy El-Erian

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'OH NO THOU DIDN'ST!'
"The biggest monthly drop in the Standard & Poor’s 500 Index since February 2009 is ratifying Mohamed El-Erian’s prediction for a new normal of below-average returns. Analysts say not so fast," according to Bloomberg.  "Combined price estimates from more than 2,000 forecasters tracked by Bloomberg show the S&P 500 will rise 27 percent in the next year, the fastest projected rate since February 2009, data compiled by Bloomberg show."
SOURCE:   Bloomberg

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