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- The stock market did not do much in 2015, and I expect that the 2016 result will not be as good.
- Given the weak economy, which is expected to continue into 2016 and beyond, and given the low rate of inflation expected in the future, earnings should continue to fall.
- The best performing areas of the market have not been ones that give off great confidence for a robust 2016, and hence, there is little to encourage expectations.
http://seekingalpha.com/article/3776976-the-stock-market-in-2016-and-beyond
