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Bold Stock Market Predictions for 2021

GOBankingRates Logo By John Csiszar of GOBankingRates | Slide 1 of 15: As is typical in the stock market, 2020 was another unpredictable year. In addition to the sharpest selloff in market history in February and March, markets also staged the fastest-ever recovery out of a bear market. However, specific events also caught many market pundits by surprise. Find Out: 4 Investing Lessons the Pandemic Has Taught Us  Consider the wild ride in Tesla shares. The electric vehicle maker soared more than 500% over the course of the year, and with, burning short sellers and propelling Elon Musk to the ranks of the world’s richest. On the other end of the spectrum, countless retail and restaurant chains were forced to file for bankruptcy due to the ongoing effects of coronavirus-induced lockdowns and reduced consumer demand. The one certainty in the stock market is that there will always be surprises. Here’s a look at what some analysts and economists predict the market has in store in 2021.

As is typical in the stock market, 2020 was another unpredictable year. In addition to the sharpest selloff in market history in February and March, markets also staged the fastest-ever recovery out of a bear market. However, specific events also caught many market pundits by surprise.

Find Out: 4 Investing Lessons the Pandemic Has Taught Us 

Consider the wild ride in Tesla shares. The electric vehicle maker soared more than 500% over the course of the year, and with, burning short sellers and propelling Elon Musk to the ranks of the world’s richest. On the other end of the spectrum, countless retail and restaurant chains were forced to file for bankruptcy due to the ongoing effects of coronavirus-induced lockdowns and reduced consumer demand.

The one certainty in the stock market is that there will always be surprises. Here’s a look at what some analysts and economists predict the market has in store in 2021.

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