The big risks Wall Street is watching for in 2021

Stocks are on track to close out 2020 with double-digit gains as traders shook off this year’s COVID-19 outbreak and economic turmoil.

As Wall Street strategists look ahead to 2021, the vast majority believe stocks are heading even higher. But that outcome is anything but guaranteed.

Few, if any, strategists a year ago counted a pandemic among their lists of risks to the outlook in 2020. But given what is known right now about COVID-19 vaccines, trajectory of the economic recovery and…


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