It's hard to imagine breaking even as a positive result in a financial situation, but after the headwinds and negative earnings growth investors have faced this year, one strategist is saying a flat market could actually be a good thing.
"We do expect to end the year pretty much flat," JPMorgan Funds global market strategist, Gabriela Santos told CNBC's "Squawk on the Street" on Tuesday. "That would be a positive signal for clients going into the next year, especially if we consider all the worries we've had this year from the dollar, to commodity prices, to China. It would be a good confidence signal to end at least flat to mildly positive."
"Two of the major macro factors that have really hanged over us this year has been the strength in the dollar and the fall in oil," she said. "As a result [of stability in oil and the dollar] we expect earnings growth to rebound next year and for returns for stocks to be much better than this year, in the mid- to high single digits for next year."