Robert A. Brusca

The stock market has already taken investors on a dizzying ride in this relatively young year, plunging and then making up its lost ground. As part of our 2nd quarter 2016 Bankrate Market Mavens survey of leading financial market analysts, we asked:

What forces will be the biggest drivers for stocks over the next year?

“Zero rates and negative interest rate will be the poster children of the stock market for the year ahead.”

— Robert A. Brusca, chief economist, Fact and Opinion Economics

Cary Carbonaro

“The economy, the Fed, the election, China and oil. They will all have impacts, short-term, on the market.”

— Cary Carbonaro, author, “The Money Queen’s Guide for Women Who Want to Build Wealth and Banish Fear”

Chuck Carlson

“As is usually the case, corporate earnings will be the biggest factor influencing stocks. Also, interest rates and inflation will be drivers.”

— Chuck Carlson, CEO, Horizon Investment Services

Marilyn Cohen

“Oil prices and interest rates will be the biggest drivers for equities. The crazy correlation between oil prices and equity prices continues to be directly correlated.”

— Marilyn Cohen, president, Envision Capital Management

Kim Forrest

“Company results still matter. We think that the companies that can garner market share should be the winners.”

— Kim Forrest, vice president and senior equity analyst, Fort Pitt Capital Group

Hugh Johnson

“Earnings and interest rates will continue to be the drivers of stock prices. Interest rates are likely to rise and exert modest (very limited) downside pressure on price/earnings ratios and earnings growth is likely to remain uninspiring.”

— Hugh Johnson, chairman and chief investment officer, Hugh Johnson Advisors

Charles Lieberman

“The market has been prone to sharp declines out of fear of assorted concerns, whether China, lower oil prices (and ensuing bankruptcies). All of these concerns should dissipate, if they have not already done so. While I would not want to dismiss the likelihood that investors will find something new to worry about, the general economic background remains positive, as growth should continue at a moderate pace, which should be positive for corporate profits.”

— Charles Lieberman, managing partner and chief investment officer, Advisors Capital Management

W. Bradford McMillan

“Continued economic growth in the U.S., combined with a normalization of the energy markets, should provide a base for continued slow appreciation.

— W. Bradford McMillan, chief investment officer, Commonwealth Financial Network

Ken Moraif

“Negative growth.”

— Ken Moraif, senior advisor, Money Matters

Patrick J. O'Hare

“Over the next year, the biggest driver of stocks will be interest rates, earnings estimate trends and politics (and perhaps not in that order as November draws closer).”

— Patrick J. O’Hare, chief market analyst, Briefing.com

Jim Osman

“Special situations with a focus on stressed and distressed credit opportunities. It is why we launched our new product.”

— Jim Osman, founder and CEO, The Edge Consulting Group

Oliver Pursche

“Earnings growth will be the single biggest driver of stock returns, followed by global GDP growth. While interest rate policy will have short-term effects, they are unlikely going to have a lasting impact.”

— Oliver Pursche, CEO, Bruderman Asset Management

Jeff Reeves

“Janet Yellen, the Fed and the central banks around the world are really the only things worth watching.”

— Jeff Reeves, executive editor, InvestorPlace.com

Sam Stovall

“Continuously eroding 2016 earnings-per-share projections, plus steadily rising inflation, represent potential headwinds for equities.”

— — Sam Stovall, managing director of U.S. equity strategy, S&P Capital IQ

Don Taylor

“Earnings growth may not be robust enough to justify higher earnings-per-share multiples, making it harder for growth stocks to outperform value stocks.”

— Don Taylor, Bankrate’s Dr. Don, president and chief analyst, Emmett Advisers

Mark Willoughby

“The decline in the quality of jobs domestically, which leads to declining real wages, is going to be a significant driver of market performance. In turn this will lead to lower corporate profitability.”

— Mark Willoughby, senior vice president, Hilliard Lyons

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