It will go up next year. Or down. Or, it might stay the same. We will find out in a year.
If I were a gambling man, I'd bet on "Down". Things are pretty overheated of late. But, again, we will see.
When you ask 5 economists their prediction you will get 6 different answers :-)
Globally the numbers look bleak. The US is the lone bright spot. Hopefully we don’t get dragged down with the ROW.
"The stock market has once more confounded all expectations by resolving to NEW ALL TIME HIGHS, this at a time when most market commentators had convinced themselves for much of October that the Top was in and that a new bear market had begun that in fact many proclaimed was on the verge of a crash given the accelerating rate of decent, and October was not extraordinary for such has been the case for the WHOLE of 2014! for EVERY MONTH of this year was meant to mark and END to the stocks bull market! Where the greater the deviation from its high the more vocal the doom calls became."
Yeah....the Trivia Quiz game for Economics has 400 questions....
and 1,000 answers.