Today, after a year in which the Standard & Poor’s 500 index rose almost 30 percent, there are plenty of views on what the next five years might look like. Plenty of people question whether they can be as good as the last five. Stock indexes are setting records, but other parts of the economy, like jobs, continue to lag. Others see the fundamentals of US companies as so solid that stocks will continue to do well, despite the large runup.
One-year predictions can be thrown off by an event or two; the medium-term view should be based on economic and corporate fundamentals.
But some fear the good times have run too long and there is a correction coming. Full story for BostonGlobe.com subscribers.