• Base case year-end 2020 S&P 500 Index forecast is 3,000, against about 3,120 now.
  • Japan’s Topix seen at 1,860 versus about 1,701 now.
  • MSCI Emerging Markets index seen at 1,150 versus about 1,054 now.
  • Top 10 currency trades include long bets on the euro, Britain’s pound, India’s rupee and the New Zealand dollar.
  • Brent crude forecast at $60 a barrel, against about $63 now.
  • Gold projected to average $1,511 an ounce next year, trading in a range around $1,500, against about $1,458 now.

This article was provided by Bloomberg News.

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