NEW YORK-The market has the potential to perform well next year, better than this year, as the pre-presidential election cycle begins, the Federal Reserve has been pausing rates and investor confidence is high, all factors that could influence next year, experts say.

"We are in a relatively good environment. The market is not too cheap or too expensive," said Brian Posner, chief executive officer and co-chief investment officer ClearBridge Advisors, a division of Legg Mason, at the 13th annual Legg Mason Symposium here last week.

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