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RBC’s Lori Calvasina: ‘next big leg up in the market is for small caps’

RBC's Lori Calvasina: ‘next big leg up in the market is for small caps'

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RBC Capital Market’s Lori Calvasina expects the benchmark S&P 500 index to hit 5,050 next year, representing another 10% gain from here. Interestingly, she says her outlook is more on the “conservative” side as many economic indicators are vouching for north of 5,100 in 2022.

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