Annual Quarter Cast
Review One year ago, when we provided our annual forecast, we estimated that the S&P 500 would get up to 2284 in 2016. The high for the year was 2278, which was hit on Tuesday of last week. A year ago we predicted that the 10 year yield would get up to 2.6% by the end of 2016. When rates drifted lower we changed our forecast to 2.4% in June, and then lowered it again to 2.2% in August. On December 16 the 10 year treasury yield hit it’s high for the year at 2.6%. We shoul
