The average S&P 500 forecast hasn't been this much lower than the actual market since 1999

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· *The average year-end forecast for the S&P 500 is 2,933, according to Bloomberg data. *
· *On Monday, the index closed at 3,232.39, erasing year-to-date losses. *
· *The gap between strategists' year-end expectations and the market's actual performance is the widest since 1999, Bloomberg reported.*
· *Read more...