Looking forward, the analysts at Goldman Sachs have been rolling out their 2015 forecasts through a series of notes. They've already offered their top eight trades for the year while forecasting that the S&P 500 would climb modestly to 2,100.
All of their forecasts fit in the context of their "Top Ten Market Themes For 2015."
In a new 23-page report, analysts led by Dominic Wilson predict there will continue to be divergences in central bank policy as the Fed remains likely to raise rates next year while central banks in Japan and Europe loosen policy to stimulate their economies. Major asset classes will see low returns next year, and currency hedging will become an increasingly important component of investing.
We pulled some nuggets from Goldman's report.