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![S&P to Clear Speed Bumps to Hit 1,600
The S&P 500 [.SPX 1428.59 -4.25 (-0.3%) ] is on track to hit 1,600 by year end, as potential speed bumps are smoothed out through next year, Stifel Nicolaus market strategist Barry Bannister said Friday on CNBC.
On “Fast Money,” Bannister noted that the market was 30 points above projected levels since his last on-air appearance in June.
“We’ve had a 100-point move since then. We’re going to have to work for the next 100 points, but there are a lot of policy maneuvers here and overseas that’ll be resolved in the fourth quarter, and that could be bullish,” he said.](http://24.media.tumblr.com/tumblr_mbwnfj2SMW1rudjnno1_500.jpg)
S&P to Clear Speed Bumps to Hit 1,600
The S&P 500 [.SPX 1428.59 
-4.25 (-0.3%) 
] is on track to hit 1,600 by year end, as potential speed bumps are smoothed out through next year, Stifel Nicolaus market strategist Barry Bannister said Friday on CNBC.
On “Fast Money,” Bannister noted that the market was 30 points above projected levels since his last on-air appearance in June.
“We’ve had a 100-point move since then. We’re going to have to work for the next 100 points, but there are a lot of policy maneuvers here and overseas that’ll be resolved in the fourth quarter, and that could be bullish,” he said.
